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...
In an industrial fabrication shop, such as pipe spool and steel fabrication, a product usually travels in the system in the form of raw materials or components of the product. Dur...
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...
In this paper, we consider equity-linked life insurance contracts that give their holder the possibility to surrender their policy before maturity. Such contracts can be valued us...
This paper presents an object oriented framework that facilitates modeling inventory systems whose policy updating is driven by forecast estimates. In an inventory system, the for...
Manuel D. Rossetti, Vijith Varghese, Mehmet Miman,...