The oil and gas production explosion is driving the renaissance of the chemical and process industries in North America. With low-cost natural gas comes low-cost feedstock for many chemical compounds, ...

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 ...

This is a preview. Log in through your library . Abstract This paper considers some statistical aspects of applying control variates to achieve variance reduction in the estimation of a vector of ...