A credit derivative is a path dependent contingent claim on the aggregate loss in a portfolio of credit sensitive securities. We estimate the value of a credit derivative by Monte...
Computer simulations can be used to teach complicated statistical concepts in linear regression more quickly and effectively than traditional lecture alone. In introductory applie...
Fluctuations of work-in-progress (WIP) levels cause variability of cycle time and often lead to productivity losses in semiconductor wafer fabrication plants. To identify sources ...
This paper studies the application of the time segmentation parallel simulation approach to efficient simulation of simple manufacturing queueing systems, namely systems of queues...
This paper addresses the implementation of advanced, online simulation experiments upon the World-Wide Web. The paper first discusses the system considered for this study. The pap...