An intelligent dynamic simulation model for designing software development processes

This paper describes a computer-aided software development process design. This is a computerized intelligent tool designed to aid managers of software development projects in planning, managing and controlling the development process of medium to large scale software projects. The application of this computerized tool should help reduce the uncertainties involved in the budget, personnel and schedule planning of software development projects.     

An analytic hierarchy process based simulation model for entry mode decision regarding foreign direct investment

A methodology is developed for ranking entry mode alternatives encountered by individual firms considering foreign direct investment (FDI). The methodology deals with the risks and uncertainties related to FDI. The analytic hierarchy process (AHP) is used to solve the multiple criteria decision-making problem using input from a firm's management. A simulation approach is incorporated into the AHP to handle the uncertainty considerations encountered in an FDI environment. The uncertainties include: (1) uncertainty regarding the future characteristics of the FDI decision making environment, (2) uncertainty associated with the decision maker's judgment regarding pairwise comparisons necessitated by the AHP.     

A practical LP model for equity portfolios

A linear programming portfolio selection model is formulated, taking into consideration the objectives and constraints which are imposed on portfolio managers. The composition of portfolios determined by the use of the model are compared to actual portfolios determined by portfolio managers without the use of any quantitative model. The practical use of the model is evaluated and conclusions are reported.