Garment manufacturers usually work with a short vision of the demand to come in the following months. So they want to borrow as little as possible while still making a good profit...
We consider the problem of selecting the best among several heavy-tailed systems using a large deviations perspective. In contrast to the light-tailed setting studied by Glynn and...
The Department of Homeland Security (DHS) shifted the focus of airport security in 2004 to incorporate the need to continuously and rapidly adapt security to shifting threats. MIT...
HDPS is a practical system for designing modeling paradigms, creating hierarchal model definitions, and evaluating multi-paradigm models - particularly in business and finance. HD...
We investigate factors that impact the effectiveness of caching to speed up discrete event simulation. Walsh and Sirer have shown that a variant of function caching (staged simula...