The collapse of former communist regime in Central and Eastern Europe opened the transition period from centrally planned to market oriented economies. Thus, the exploration of economic systems in the special situation of transition has become an interesting research topic. The exposition plan...

Empirical data show during the historical process of economic development profound structural changes in economy. One of the most important movements is from stages where the so-called tangible investments are predominant to those where intangible investments become predominant. Applying some...

This thesis is concerned with simulation output analysis. In particular, we are inter-ested in estimating the variance parameter of a steady-state output process. The estimationof the variance parameter has immediate applications in problems involving (i) the precisionof the sample mean as a...

Purpose: Manufacturing systems include a complicated combination of resources, such as materials, labors, and machines. Hence, when the manufacturing systems are faced with a problem related to the availability of resources it is difficult to identify the root of the problem accurately and...