In an automobile engine, the heat transfer cannot be possible without cooling system support. The cooling system has a great importance in the engines. It coolants overheat of the engine, and prevents it from breakdown, that's why a highly reliable cooling system is the necessity of every engine...

The present research work proposes a mathematical model of thermal power plant to analyse its performance through reliability measures. Evaluation of reliability measure for thermal power plant is a complex process. The thermal power plant is modelled using Markov process and explored the...

In this article, a real-life Emergency Department (ED) is studied and analyzed in order to propose areas for improvement in its operations and patient flow. EDs are in native very busy and complex systems where medical facility treatments are provided to arriving patients without any prior...

Probabilistic programming allows artificial systems to better operate with uncertainty, and stochastic arithmetic provides a way to carry out approximate computations with few resources. As such, both are plausible models for natural cognition. The authors' work on the automatic design of...

This paper presents an agent-based simulation with the main insights from business theory to study firm growth and firm dynamics in a stochastic evolutionary model. Firm growth behavior and firm dynamics are defined according to the results of a panel data for a set of manufacturing markets for...