Variance Reduction in Simulations of Loss Models

  • Authors:
  • Rayadurgam Srikant;Ward Whitt

  • Affiliations:
  • -;-

  • Venue:
  • Operations Research
  • Year:
  • 1999

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Abstract

This paper addresses a real-life unidimensional cutting stock problem. The objective is not only to minimize trim loss, as in traditional cutting stock problems, but also to minimize cutting time. A variety of technical constraints are taken into account. ...