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How many patrol cars staffed with a single police officer are needed to provide equivalent police service to an existing system with n two-officer patrol cars? This question is explored for New York City using a multiple patrol car per call priority queueing model. It is shown that a one-officer...
Persistent link: https://www.econbiz.de/10009208866
In Management Science (Vol. 24, No. 14, October, 1978), Nichols and Weinstein describe a model of a hypertension detection and treatment program, in which individuals proceed through a series of stages with transition probabilities that depend on expenditures at each stage. We generalize the...
Persistent link: https://www.econbiz.de/10009209215
This paper analyzes the impact of forecasting on inventory decisions in a large physical distribution system. Alternative forecasting models are evaluated by developing tradeoff curves between inventory investment and customer service. The results demonstrate that the choice of forecasting model...
Persistent link: https://www.econbiz.de/10009209407
. We also examine the pace of development of new OR/MS models and applications in the area. Finally, we look at issues in …
Persistent link: https://www.econbiz.de/10009214166
We present an analytic model relating the mean cycle time or throughput as a function of the number of jobs in a closed production system composed of a tandem network of queues having exponential and/or IFR processing times. This model exhibits macroscopic behavior that is predicted by results...
Persistent link: https://www.econbiz.de/10009214687
. Computer, manufacturing and other applications are discussed. …
Persistent link: https://www.econbiz.de/10009214839
The main goal of this paper is to describe a new multistage Monte Carlo (MMC) simulation method for solving influence diagrams using local computation. Global methods have been proposed by others that sample from the joint probability distribution of all the variables in the influence diagram....
Persistent link: https://www.econbiz.de/10009218097
The internal rate of return (IRR) is a venerable technique for evaluating deterministic cash flow streams. Part of the difficulty in extending this measure to stochastic cash flows is the lack of coherent methods for accounting for multiple or nonexistent internal rates of return in...
Persistent link: https://www.econbiz.de/10009218136
The adoption of management science models has typically been studied in time frames of less than two years. Recommendations of government decisionmakers for improving the likelihood of successful model development, diffusion, and adoption have been based on these studies. Yet some factors...
Persistent link: https://www.econbiz.de/10009218265
This work concerns the advance scheduling of elective surgery when the operating rooms' capacity utilization by emergency surgery, as well as by elective procedures, is uncertain. New requests for bookings of elective surgery arrive each day. Such procedures preferably would be performed as soon...
Persistent link: https://www.econbiz.de/10009218360