Under certain conditions on the integrand, quasi-Monte Carlo methods for estimating integrals (expectations) converge faster asymptotically than Monte Carlo methods. Motivated by ...
Shane G. Henderson, Belinda A. Chiera, Roger M. Co...
Nowadays the size and complexity of models is growing more and more, forcing modelers to face some problems that they were not accustomed to. Before trying to study ways to deal w...
Analysis of network traffic indicates that packet arrival processes have significant stochastic dependence. It has been suggested that this dependence is so strong as to be wellmo...
We develop a financial model for a manufacturing process where quality can be affected by an assignable cause. We evaluate the options associated with applying a statistical proce...
One of the approaches to modeling hybrid systems is to assign algebraic-differential equations describing the continuous behavior to states of state machines that represent discre...
Andrei Borshchev, Yuri B. Kolesov, Yuri B. Seniche...