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...
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 ...
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...
Two basic approaches to simulation model composition can be distinguished, depending on whether the unit of composition is a model specification according to a certain modeling f...
Metamodels are functions with calibrated parameters, used actions and simplifications of the simulation model. A metamodel exposes the system’s input-output relationship and ca...