Similar Search Results

Dependence Structure for Levy Processes and Its Application in Finance

chen, qiwen - 2008

In this paper, we introduce DSPMD, discretely sampled process with pre-specified marginals and pre-specified dependence, and SRLMD, series representation for Levy process with pre-specified marginals and pre-specified dependence. In the DSPMD for Levy processes, some regular copula can be...

Persistent link: https://www.econbiz.de/10009450904

Assembly line performance and modeling

Rane, Arun B.; Sunnapwar, Vivek K. - In: Journal of Industrial Engineering International 13 (2017) 3, pp. 347-355

Automobile sector forms the backbone of manufacturing sector. Vehicle assembly line is important section in automobile plant where repetitive tasks are performed one after another at different workstations. In this thesis, a methodology is proposed to reduce cycle time and time loss due to...

Persistent link: https://www.econbiz.de/10011773122

Optimization and simulation for sustainable supply chain design

Schreiber, Lucas - 2019

Purpose: This paper provides an overview of analytical optimization models and simulation-based approaches coping with … simulation and optimization are identified and an integrated approach is outlined. Findings: Sustainable supply chain design … focusing on sustainable supply chain design mainly use simulation or optimization. A well-defined approach using various …

Persistent link: https://www.econbiz.de/10012143199

Analysis and simulation of smart energy clusters and energy value chain for fish processing industries

Alzahrani, Ateyah; Petri, Ioan; Rezgui, Yacine - In: Energy Reports 6 (2020) 1, pp. 534-540

conduct energy modelling and optimization for the Milford Haven fish processing port in South Wales. We explain how a … simulation capability can be developed at the fish industry port level and propose a simulation-based optimization strategy to … appliance schedules developed in relation to the total energy demand as well as a wide range of optimization constraints. …

Persistent link: https://www.econbiz.de/10012652146

Improvement in the operating room efficiency using Tabu search in simulation

Niu, Qing; Peng, Qingjin; Y. ElMekkawy, Tarek - In: Business Process Management Journal 19 (2013) 5, pp. 799-818

the integration of simulation and optimization. Design/methodology/approach – Based on the simulation model, a Tabu search … (TS) algorithm is developed as an optimizer for the meta-heuristic optimization method to find the optimum configuration …

Persistent link: https://www.econbiz.de/10014688891

Energy security, uncertainty and energy resource use options in Ethiopia : A sector modelling approach

Guta, Dawit; Börner, Jan - In: International Journal of Energy Sector Management 11 (2017) 1, pp. 91-117

Purpose Ethiopia’s energy sector faces critical challenges to meeting steadily increasing energy demand given limited infrastructure, heavy reliance on hydroelectric power and underdevelopment of alternative energy resources. The purpose of this paper was to identify optimal least cost...

Persistent link: https://www.econbiz.de/10014773768

Emission/fuel energy restricted dynamic optimal power flow using fuzzy - ant lion optimizer

Radha, Janagaraman; Subramanian, Srikrishna; Ganesan, … - In: International Journal of Energy Sector Management 11 (2017) 2, pp. 208-256

lion optimizer (ALO) as the main optimization tool. Fuzzy decision-making mechanism is incorporated in ALO to extract the …

Persistent link: https://www.econbiz.de/10014773774

Optimal allocation of arrivals to a collection of parallel workstations

Tavana, Madjid; Rappaport, Jack - In: International Journal of Operations & Production Management 17 (1997) 3, pp. 305-325

Presents a model that minimizes an aggregate measure of waiting times and queue lengths for a collection of workstations. Shows that the naïve allocation of arrivals among workstations in proportion to their processing times does not result in an optimized system. Uses the Lagrange multiplier...

Persistent link: https://www.econbiz.de/10014790728

Optimization and Simulation Modeling of Disaster Relief Supply Chain: A Literature Review

Feng, Keli; Bizimana, Emmanuel; Agu, Deedee D.; Issac, … - Volkswirtschaftliche Fakultät, … - 2012

mitigate the damages and save people’s lives. Optimization and simulation modeling have become powerful and useful tools to … help decision makers tackle problems related to disaster relief supply chain. This paper reviews optimization and … optimization problems of disaster relief supply chain under different types of disastrous events. We review the literature of …

Persistent link: https://www.econbiz.de/10011110517

Relevant States and Memory in Markov Chain Bootstrapping and Simulation

Cerqueti, Roy; Falbo, Paolo; Pelizzari, Cristian - Volkswirtschaftliche Fakultät, … - 2013

transition probabilities. Our approach is based on an optimization model. More specifically we consider two competing objectives …

Persistent link: https://www.econbiz.de/10011259232