In financial risk management, a coherent risk measure equals the maximum expected loss under several different probability measures, which are analogous to systems in ranking and ...
For newly designed or transformed business processes, accurately predicting business performances such as costs and customer services before actual deployment is very important. W...
Routing table storage demands pose a significant obstacle for large-scale network simulation. On-demand computation of routes can alleviate those problems for models that do not r...
The Telemedicine Program was created to provide medical assistance to people living in extreme poverty conditions in Mexico. Through a satellite connection, a physician located in...
GoldSim is a powerful and flexible Windows-based computer program for carrying out probabilistic simulations of complex systems to support management and decisionmaking in enginee...
We review the basic principles of Quasi-Monte Carlo (QMC) methods, the randomizations that turn them into variancereduction techniques, and the main classes of constructions under...
Exactly computing network reliability measures is an NPhard problem. Therefore, Monte Carlo simulation has been frequently used by network designers to obtain accurate estimates. ...
Abdullah Konak, Alice E. Smith, Sadan Kulturel-Kon...