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» Introduction to Modeling and Simulation
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130
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WSC
2004
15 years 6 months ago
Approximating Free Exercise Boundaries for American-Style Options Using Simulation and Optimization
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 ...
Barry R. Cobb, John M. Charnes
WSC
1998
15 years 6 months ago
Reactive Tabu Search in Unmanned Aerial Reconnaissance Simulations
We apply a Reactive Tabu Search (RTS) heuristic within a discrete-event simulation to solve routing problems for Unmanned Aerial Vehicles (UAVs). Our formulation represents this p...
Joel L. Ryan, T. Glenn Bailey, James T. Moore, Wil...
110
Voted
WSC
2000
15 years 6 months ago
Applications of business process simulation and lean techniques in British Telecommunications PLC
Business processes are increasingly key to the success of companies in the service industry. It is important that these processes are designed and maintained to deliver the most c...
Simon Dennis, Ben C. King, Martin Hind, Stewart Ro...
130
Voted
WSC
2000
15 years 6 months ago
Inventory management simulations at Cat Logistics
Simulation is used extensively by Caterpillar Logistics Services, Inc. (Cat Logistics) to determine an appropriate strategy for achieving clients' inventory and customer serv...
C. Ann Goodsell, Thomas J. Van Kley
WSC
1997
15 years 6 months ago
A Simulation-Based Finite Capacity Scheduling System
This paper describes the methodology of a finite capacity scheduling system which uses an objectoriented discrete event simulation as its engine. The scheduling system is develop...
Alexander J. Weintraub, Andrew Zozom Jr., Thom J. ...