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Forecasting as a scientific discipline has progressed a lot in the last 40years, with Nobel prizes being awarded for seminal work in the field, most notably to Engle, Granger and Kahneman. Despite these advances, even today we are unable to answer a very simple question, the one that is always...
Persistent link: https://www.econbiz.de/10011097678
in a realistic simulation experiment. A specific method is sequential bifurcation (SB), which is a sequential method that …) second-order polynomials are adequate approximations of the input/output functions implied by the simulation model; (ii) the … important second-order effects either (heredity property). This paper examines SB for random simulation with multiple responses …
Persistent link: https://www.econbiz.de/10011097692
outcomes are obtained by Monte Carlo simulation with at least 95% confidence degree. Based on the outcomes, the DMs can choose …
Persistent link: https://www.econbiz.de/10011097705
This paper presents a composite model in which two simulation approaches, discrete-event simulation (DES) and system …
Persistent link: https://www.econbiz.de/10011097843
This paper presents a model and solution methodology for scheduling patients in a multi-class, multi-resource surgical system. Specifically, given a master schedule that provides a cyclic breakdown of total OR availability into specific daily allocations to each surgical specialty, the model...
Persistent link: https://www.econbiz.de/10011264327
literature has discussed the main issues, no known report includes a comprehensive and dynamic simulation exercise that assesses … quality, security of supply and economic sustainability. Using lessons learned from simulation, the paper concludes that …
Persistent link: https://www.econbiz.de/10011264333
according to collaboration motive and relative power, we use simulation to explore the effects of firm type, opponent type, and …
Persistent link: https://www.econbiz.de/10011264340
We consider a family of composite bivariate distributions, or probability mass functions (pmfs), with uniform marginals for simulating optimization-problem instances. For every possible population correlation, except the extreme values, there are an infinite number of valid joint distributions...
Persistent link: https://www.econbiz.de/10011117453
Technological innovations in warehouse automation systems, such as Autonomous Vehicle based Storage and Retrieval System (AVS/RS), are geared towards achieving greater operational efficiency and flexibility that would be necessary in warehouses of the future. AVS/RS relies on autonomous vehicles...
Persistent link: https://www.econbiz.de/10011117466
calculated using a discrete event simulation cellular automata (CA) model, with the CA progressing outwards from the fire …
Persistent link: https://www.econbiz.de/10011117476