Stochastic simulation is an invaluable tool for operations-research practitioners for the performance evaluation of systems with random behavior and mathematically intractable …
JBB Clausen, H Li - Computers & Operations Research, 2022 - Elsevier
Data driven optimisation has become one of the research frontiers in operations management and operations research. Likewise, the recent academic interest in big data …
JBB Clausen, H Li, N Forget - Expert Systems with Applications, 2025 - Elsevier
In the operations research literature, data driven analyses using big data are receiving more and more interest and attention. However, big data driven operational analyses are still …
W Xie, C Li, Y Wu, P Zhang - SIAM/ASA Journal on Uncertainty Quantification, 2021 - SIAM
When we use simulation to assess the performance of stochastic systems, the input models used to drive simulation experiments are often estimated from finite real-world data. There …
A Akcay, T Martagan - 2017 Winter Simulation Conference …, 2017 - ieeexplore.ieee.org
We consider an engineer-to-order production system with unknown yield. We model the yield as a random variable which represents the percentage output obtained from one unit of …
Digital twins have become an important element in smart manufacturing. As any other product, digital twins also have a lifecycle, starting from specifying the requirements of the …
G Vassos, KK Holst, P Pinson, RM Lusby - arXiv preprint arXiv:2303.12765, 2023 - arxiv.org
This study proposes a simulation framework of procurement operations in the container logistics industry that can support the development of dynamic procurement strategies. The …
The articles included in this dissertation are all related to the topic of predictive or prescriptive analytics in operations management. We contribute to the literature on the topic …
Most of the literature on supply chain management assumes that the demand distributions and their parameters are known with certainty. However, this may not be the case in practice …