Multi-agent simulations aim at representing the dynamics of complex systems as resulting from multiple interactions between autonomous entities including their own perception of lo...
This paper investigates the effects of demand risk on the performance of supply chain in continuous time setting. The inventory level has been modeled as a jump-diffusion process ...
Historical data suggest that returns of stocks and indices are not distributed independent and identically Normal, as is commonly assumed. Instead, returns of financial assets are...
Limit standards are probability interval requirements for proportions. Simulation literature has focused on finding the confidence interval of the population proportion, which is ...
Roy R. Creasey Jr., K. Preston White, Linda B. Wri...
To prepare for the event of bioterrorism, which could spread contagious disease such as anthrax, plague, smallpox, or tularemia to public, local governments in the United States a...