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We analyze two joint decisions in the management of HIV-infected patients on antiretroviral therapy: how frequently to measure a patient's virus level, and when to switch therapy. The underlying stochastic model captures the initial suppression and eventual rebound of the virus level in the...
Persistent link: https://www.econbiz.de/10009209059
In this paper, we develop approximations that yield insight into the joint optimization of capacity and inventory,and how the optimal inventory policy varies with capacity investment in a single-product, single-station, make-to-stock manufacturing system in which inventory is managed through a...
Persistent link: https://www.econbiz.de/10009208670
A primary tool that consumers have for comparative shopping is the shopbot, which is short for shopping robot. These shopbots automatically search a large number of vendors for price and availability. Typically a shopbot searches a predefined set of vendors and reports all results, which can...
Persistent link: https://www.econbiz.de/10009191392
Critical path models concerning project management (i.e. PERT/CPM) fail to account for work force behavioral effects on the expected project completion time. In this paper, we provide a modelling framework for project management activities, that ultimately accounts for expected worker behavior...
Persistent link: https://www.econbiz.de/10009191587
This study investigates the impact of information technology (IT) on productivity and collaboration patterns in academe. Our data combine information on the diffusion of two noteworthy innovations in IT--BITNET and the Domain Name System (DNS)--with career-history data on research-active life...
Persistent link: https://www.econbiz.de/10009208628
global warming policies. Because there are typically profound uncertainties in these models, a simulation approach is often …
Persistent link: https://www.econbiz.de/10010990516
portfolios of credit-sensitive assets such as loans and corporate bonds. Monte Carlo simulation is an important tool for … performing computations in these models. This paper develops, analyzes, and evaluates two simulation algorithms for intensity … Zeevi, stochastic models and simulation.</i> …
Persistent link: https://www.econbiz.de/10010990537
Sequential sampling problems arise in stochastic simulation and many other applications. Sampling is used to infer the …, as is common in the literature. <i>This paper was accepted by Assaf Zeevi, stochastic models and simulation.</i> …
Persistent link: https://www.econbiz.de/10010990579
simulation experiment. We also show how different definitions of the sample space yield different variants of the LR method, some …
Persistent link: https://www.econbiz.de/10009209050
the problem of using simulation to estimate the number of transitions it takes the process to enter \scr{A}. Using …
Persistent link: https://www.econbiz.de/10009209093