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In this article, we describe simulation-based decision support techniques for evaluation of operational plans within effects-based planning. Using a decision support tool, developers of operational plans are able to evaluate thousands of alternative plans against possible courses of events and...
Persistent link: https://www.econbiz.de/10011822472
Maritime transportation plays a leading role in the movement and minimization of transportation costs of goods between regions. One of the major challenges faced by port managers/operators is the growing number of containers or ship traffic which can affect the port container terminal...
Persistent link: https://www.econbiz.de/10012172416
In this paper, we demonstrate some properties of Alpha-stable (stable) random variables and processes. It turns out that with the use of suitable statistical estimation techniques, computer simulation procedures and numerical discretization methods it is possible to construct approximations of...
Persistent link: https://www.econbiz.de/10009003616