An immense amount of research work has been done in the areas of scheduling and re-scheduling of various types of manufacturing systems. In this paper we present a simulation assi...
Wilhelm Dangelmaier, Kiran R. Mahajan, Mark Aufena...
This article deals with an approach for managing scheduling in semiconductor manufacturing facilities. The proposed approach ensures consistency between global and local schedulin...
We develop and evaluate a two-level simulation procedure that produces a confidence interval for tail conditional expectation, otherwise known as conditional tail expectation. Th...
Parameters of statistical distributions that are input to simulations are typically not known with certainty. For existing systems, or variations on existing systems, they are oft...
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 ...