Effective use of machines and headcounts is essential in manufacturing for high return of investment from expensive resources in today’s competitive business environment. It is ...
Flight disruptions due to events such as inclement weather or mechanical failure are an increasing occurrence in today's air travel. It is important to develop flight schedul...
Long cycle times in semiconductor manufacuring represent an increasing challenge for the industry and lead to a growing need of break-through approaches to reduce it. Small lot si...
This tutorial considers some very general procedures for analysing the results of a simulation experiment using bootstrap resampling. Bootstrapping has come to be recognised in st...
This paper establishes a two-phase model to explore the financial risk of construction project under uncertain construction duration. Treated as a random variable in the model, th...