WSC
2004
13 years 9 months ago
2004
Monte Carlo simulation can be readily applied to asset pricing problems with multiple state variables and possible path dependencies because convergence of Monte Carlo methods is ...
WSC
2004
13 years 9 months ago
2004
There continues to be increasing interest from a broad range of disciplines in agent-based and artificial life simulations. This includes the Department of Defense--which uses sim...
WSC
2004
13 years 9 months ago
2004
The choice of which factors to choose to vary in a simulation to effect a change in the measure of interest is difficult. Many factors are a priori judged not to effect the measur...
WSC
2004
13 years 9 months ago
2004
There is a general understanding in the simulation community that simulation is not reaching its full potential and is not widely used despite its well-known (among simulationists...
WSC
2004
13 years 9 months ago
2004
Simulation built on assumption and approximation has been traditionally utilized to make predictions prior to construction. Although there are many benefits of simulation such as ...
WSC
2004
13 years 9 months ago
2004
We investigate factors that impact the effectiveness of caching to speed up discrete event simulation. Walsh and Sirer have shown that a variant of function caching (staged simula...
WSC
2004
13 years 9 months ago
2004
Bayesian methods are now used in a variety of ways in discrete-event simulation. Applications include input modeling, response surface modeling, uncertainty analysis, and experime...
WSC
2004
13 years 9 months ago
2004
An educational web-based virtual factory and simulator environment is presented in this paper. It has been developed for university students to apply various statistical quality c...
WSC
2004
13 years 9 months ago
2004
We consider how simulation metamodels can be used to optimize the performance of a system that depends on a number of factors. We focus on the situation where the number of simula...