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112
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WSC
2004
15 years 4 months ago
Simulation, a Framework for Analysing SME Supply Chains
The following paper briefly presents the formulation and development of a case study supply chain simulation model as developed for an industrial company. The case study company i...
P. J. Byrne, Cathal Heavey
94
Voted
WSC
2004
15 years 4 months ago
Modeling and Simulation of Consumer Credit Originations Processes
Staffing decisions in a consumer credit origination environment have a significant impact on the financial institution's costs as well as customer service levels. Staff resou...
Hung-Nan Chen, Jihong Jin, Geetha Rajavelu, Charle...
WSC
2004
15 years 4 months ago
Project Risk Simulation Under Uncertain Construction Duration
This paper establishes a two-phase model to explore the financial risk of construction project under uncertain construction duration. Treated as a random variable in the model, th...
Kun-jung Hsu
130
Voted
WSC
2004
15 years 4 months ago
Stochastic Petri Nets for Modelling and Simulation
Stochastic Petri nets (SPNs) have proven to be a powerful and enduring graphically-oriented framework for modelling and performance analysis of complex systems. This tutorial focu...
Peter J. Haas
164
Voted
WSC
2004
15 years 4 months ago
A Unified Approach for Finite-Dimensional, Rare-Event Monte Carlo Simulation
We consider the problem of estimating the small probability that a function of a finite number of random variables exceeds a large threshold. Each input random variable may be lig...
Zhi Huang, Perwez Shahabuddin