Simulation research derives new methods for the design, analysis, and optimization of simulation experiments. Research on stochastic models develops and analyzes models of systems with random behavior ...

A global research team led by scientists from China’s Tianjin Renai College has developed a novel stochastic optimization technique for enhanced dispatching and operational efficiency in PV-powered ...

The Department of Industrial Engineering and Management Sciences (IEMS) at Northwestern University pioneers data science for better decision-making through algorithms, computation, and mathematical ...