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This paper proposes a new approach, entitled discrete event simulation with probabilistic event list (DESPEL), for approximating the project completion time and the critical path in a stochastic resource–constrained project network. Unlike the traditional discrete event simulation approach,...
Persistent link: https://www.econbiz.de/10014157152
We present two capacity choice scenarios for the socially optimal location of facilities with fixed servers, stochastic demand and congestion. Walk-in health clinics, motor vehicle inspection stations, automobile emissions testing stations, and internal service systems are motivating examples...
Persistent link: https://www.econbiz.de/10014157222
Persistent link: https://www.econbiz.de/10003930392
Persistent link: https://www.econbiz.de/10012294859
We outline the history, significance, and impact of four important contributions by Canadian researchers to stochastic modeling for operational research: the use of the uniformization method to compute transient probabilities for Markov chains, pioneered by Winfried K. Grassmann, contributions...
Persistent link: https://www.econbiz.de/10014038906