Monte Carlo Simulation
2 articles · search the full text for this term
-
Fracture Analysis of Functionally Graded Material (FGM) Plates Using Extended Finite Element Method: A Review.
Abstract: Functionally Graded Materials (FGMs), have drawn a lot of interest in various engineering applications due to their superior mechanical properties and ability to withstand extreme conditions. Fracture analysis in FGMs focuses on understanding how cracks initiate and propagate within these complex materials. The stress distribution becomes irregular due to spatial property variations which produces different crack paths than what occurs in homogeneous materials. The examination of FGM plates under fracture …
Published in International Journal of Fracture Mechanics and Damage Science · Vol. 4, Issue 1, 2026 · pp. 9–15 Read article
-
A Monte Carlo Simulation Approach to Decision Analytics in Manufacturing and Industrial Automation Project Management
Abstract: Manufacturing and industrial automation projects face high uncertainty and risk arising from factors such as complex supply chains, equipment variability, and fluctuating production demands. If not properly managed, these uncertainties can lead to costly delays, unplanned downtime, and budget overruns that jeopardize project success. Given the shortcomings of deterministic planning in such volatile environments. If not properly managed, it can lead to costly delays and failures if not properly managed. …
Published in Journal of Production Research & Management · Vol. 15, Issue 2, 2025 · pp. 1–12 Read article