In this paper, we present a model for analyzing foreign direct investment opportunities by evaluating related projects. An integrated approach employing the analytic hierarchy process (AHP) and simulation is used to rank the projects. This methodology is applied to assess the industrial investment projects that were proposed in the “’95 China’s Tumen River Area International Investment and Busi...

An approach, based on queuing modeling and simulation, to resource allocation for a distributed production system is examined in the paper. The problem is formulated as an objective function minimization for a queuing network. The optimization is based on the combination of analytical modeling and simulation. The analytical model is used for primary evaluation and branching for the optimization...

Analytical and Monte Carlo simulations have been used to predict dose enhancement factors in nanoparticle-enhanced X-ray radiation therapy. Both simulations predict an increase in dose enhancement in the presence of nanoparticles, but the two methods predict different levels of enhancement over the studied energy, nanoparticle materials, and concentration regime for several reasons. The Monte C...