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    Sheldon Epstein

    How should one react when "reality," based on observations and scientific proofs, appears to be at odds with the teachings of the Torah? Some critical observers have noted that it is common for people to accept... more
    How should one react when "reality," based on observations and scientific proofs, appears to be at odds with the teachings of the Torah? Some critical observers have noted that it is common for people to accept "reality" as fact and attempt to reconcile the Torah with the "facts," regardless of how tortured and convoluted the solution may be. Rather than accepting this apologetic approach, these observers argue that it is "reality," not the Torah, which is amiss.
    In light of the rapidly spreading COVID-19 virus, the FDA has suggested pooling of samples in order to reduce the cost of testing a large population. Under this approach, several samples are pooled, and the pooled samples are first... more
    In light of the rapidly spreading COVID-19 virus, the FDA has suggested pooling of samples in order to reduce the cost of testing a large population. Under this approach, several samples are pooled, and the pooled samples are first tested. If the pool tests negative, then the lab would have successfully tested many samples while consuming only the resources needed for a single test. If the pooled sample tests positive, then each sample that comprised the pool is individually tested. In this context, an important question for people in the field is “Given a certain overall infection rate among the population, what is the optimum pool size so that we can minimize the overall number of tests for a given number of individual samples?” In this paper, we derive this number both empirically and analytically. We also address the related question “Given a certain pool size, what is the maximum infection rate for which we can still gain in terms of the number of tests?”
    Students are presented with a report that offers a present value analysis of a Structured Settlement and asked to decide whether they agree with its conclusions. The case tests quantitative, financial and spreadsheet skills, exposes... more
    Students are presented with a report that offers a present value analysis of a Structured Settlement and asked to decide whether they agree with its conclusions. The case tests quantitative, financial and spreadsheet skills, exposes students to the world of law and legal statutes, and requires value judgments about fairness. The case is appropriate for senior-level undergraduate business majors and MBAs, in courses that involve decision-making.  
    The State of New Jersey Public Relations Employment Commission recently rendered a decision in a dispute over the Piscataway Police Department’s procedure for promoting individuals to the rank of sergeant. One important component of the... more
    The State of New Jersey Public Relations Employment Commission recently rendered a decision in a dispute over the Piscataway Police Department’s procedure for promoting individuals to the rank of sergeant. One important component of the case was how to properly interpret the results of a 1999 sergeant’s promotion exam. This paper gives a brief history of the promotional process and offers the data and statistical analysis submitted by both the Plaintiff (Patrolmen’s Benevolent Association- PBA) and the Police Administration. The case provides an excellent tutorial for beginners and practitioners on how to properly apply some elementary, but powerful, statistical concepts.
    The continued computerization of health care records has enabled easier sampling and analysis of large sets of medical records, making it easier than ever for Medicare, Medicaid and other private insurers to use statistical audits to... more
    The continued computerization of health care records has enabled easier sampling and analysis of large sets of medical records, making it easier than ever for Medicare, Medicaid and other private insurers to use statistical audits to determine and demand return of alleged overpayments to health care providers. However, there are sometimes statistical difficulties with the audits, and there is frequently not sufficient transparency in the procedures or their application to reproduce the results in order to determine whether they have been carried out correctly. This paper addresses concerns in sampling and analysis of data records by looking at the case of a specific audit of a medical practice carried out by a private insurer. If done properly, statistical audits can be a very useful tool, but often the methodologies are vague and the implementation is either wrong or not explained fully enough to reproduce and analyze.
    Baker Surgical Supplies, a small company, went bankrupt after it could not repay a significant overpayment charge demanded by Medicare based on a statistical extrapolation of claims of overpayment. The case centered on whether the... more
    Baker Surgical Supplies, a small company, went bankrupt after it could not repay a significant overpayment charge demanded by Medicare based on a statistical extrapolation of claims of overpayment. The case centered on whether the extrapolation process was justifiable and whether it was properly implemented. This paper provides a description of the extrapolation process used by Medicare and Medicaid and presents the data and sampling procedure offered by Medicare and the statistical arguments offered by Baker. The case demonstrates some potential misuses of statistics in the auditing process. In shedding light on this issue, the analysis in this paper could prove to be instrumental in prompting significant improvements to the auditing process of Medicare and Medicaid.
    Abstract Common due date problems have been extensively discussed in the scheduling literature. Initially, these problems discussed finding a common due date for a set of jobs on a single machine. These single machine problems were later... more
    Abstract Common due date problems have been extensively discussed in the scheduling literature. Initially, these problems discussed finding a common due date for a set of jobs on a single machine. These single machine problems were later extended to finding the ...
    Abstract One common job scheduling objective is to minimize makespan. The problem can be modeled as integer linear programming (ILP) and will often have multiple alternative optimal solutions. However, secondary considerations, eg... more
    Abstract One common job scheduling objective is to minimize makespan. The problem can be modeled as integer linear programming (ILP) and will often have multiple alternative optimal solutions. However, secondary considerations, eg minimizing the second latest ...
    The common due-date problem involves minimizing the absolute deviation around a common due-date. An interesting variation modifies the problem so that no penalty costs are incurred for jobs completing within the tolerance interval of the... more
    The common due-date problem involves minimizing the absolute deviation around a common due-date. An interesting variation modifies the problem so that no penalty costs are incurred for jobs completing within the tolerance interval of the common due-date. For ...
    In recent years, an increasing number of colleges and universities have been turning away from traditional letter grading systems that limit student grades to A, B, C, D, and F based on the presumption that grading systems with more... more
    In recent years, an increasing number of colleges and universities have been turning away from traditional letter grading systems that limit student grades to A, B, C, D, and F based on the presumption that grading systems with more flexibility are advantageous to both teachers and students. However, as with any rating system, before opting for a new grading system it is important to recognize that modifications may result in some, possibly unintended, consequences as well.  In this paper, we discuss theoretical effects that including plus and/or minus grades may have on Grade Point Average (GPA) and analyze data from a School that implemented such a change.
    ABSTRACT The field of opportunistic replacement deals with the benefits of performing maintenance on equipment prior to failure in order to avoid prohibitively high costs associated with failure. Problems of a deterministic nature, i.e.,... more
    ABSTRACT The field of opportunistic replacement deals with the benefits of performing maintenance on equipment prior to failure in order to avoid prohibitively high costs associated with failure. Problems of a deterministic nature, i.e., where the exact times of both mandatory replacement and maintenance opportunities are known at the outset, with infinite time horizons have been solved for the two component case using a specialized algorithm. This paper presents a more general integer programming formulation of the problem that will work for any specified time frame. The results are of theoretical as well as practical significance in solving problems such as maintenance scheduling in fusion power plants.
    ABSTRACT In previous papers [1], [2] the authors developed a maintenance policy for a single life-limited part. Using an opportunistic replacement approach a scheme was devised which utilized early replacement of equipment to offset more... more
    ABSTRACT In previous papers [1], [2] the authors developed a maintenance policy for a single life-limited part. Using an opportunistic replacement approach a scheme was devised which utilized early replacement of equipment to offset more costly future expenditures. This paper will extend the results to the multicomponent case. Examples are given illustrating the benefits of this new technique.
    ABSTRACT An opportunistic replacement problem dealing with life-limited parts is analyzed. Because of prohibitively high costs of unscheduled breakdowns, life-limits on system components, e.g. nuclear fusion power systems, may be set so... more
    ABSTRACT An opportunistic replacement problem dealing with life-limited parts is analyzed. Because of prohibitively high costs of unscheduled breakdowns, life-limits on system components, e.g. nuclear fusion power systems, may be set so low as to insure performance during allotted life span. If two components with different life-limits are present, each individual scheduled replacement point offers potential opportunity for monetary savings. It is proved that in this deterministic situation only a limited number of the possible replacement points need be considered. An algorithm to generate these points is given and the computational requirements are discussed.
    Abstract Proofs that the area of a circle is πr 2 can be found in mathematical literature dating as far back as the time of the Greeks. The early proofs, eg Archimedes, involved dividing the circle into wedges and then fitting the wedges... more
    Abstract Proofs that the area of a circle is πr 2 can be found in mathematical literature dating as far back as the time of the Greeks. The early proofs, eg Archimedes, involved dividing the circle into wedges and then fitting the wedges together in a way to approximate a ...
    Page 1. Journal of College Teaching & Learning – September 2008 Volume 5, Number 9 1 The Effect Of Plus/Minus Grading On The GPA Yonah Wilamowsky, Seton Hall University, USA Bernard H. Dickman, Hofstra University, USA Sheldon... more
    Page 1. Journal of College Teaching & Learning – September 2008 Volume 5, Number 9 1 The Effect Of Plus/Minus Grading On The GPA Yonah Wilamowsky, Seton Hall University, USA Bernard H. Dickman, Hofstra University, USA Sheldon Epstein, Seton Hall University, USA ...
    Abstract Students are presented with a report that offers a present value analysis of a Structured Settlement and asked to decide whether they agree with its conclusions. The case tests quantitative, financial and spreadsheet skills,... more
    Abstract Students are presented with a report that offers a present value analysis of a Structured Settlement and asked to decide whether they agree with its conclusions. The case tests quantitative, financial and spreadsheet skills, exposes students to the world of ...
    Abstract The State of New Jersey Public Relations Employment Commission recently rendered a decision in a dispute over the Piscataway Police Department's procedure for promoting individuals to the rank of sergeant. One important... more
    Abstract The State of New Jersey Public Relations Employment Commission recently rendered a decision in a dispute over the Piscataway Police Department's procedure for promoting individuals to the rank of sergeant. One important component of the case was ...
    ABSTRACT In previous papers [1], [2] the authors developed a maintenance policy for a single life-limited part. Using an opportunistic replacement approach a scheme was devised which utilized early replacement of equipment to offset more... more
    ABSTRACT In previous papers [1], [2] the authors developed a maintenance policy for a single life-limited part. Using an opportunistic replacement approach a scheme was devised which utilized early replacement of equipment to offset more costly future expenditures. This paper will extend the results to the multicomponent case. Examples are given illustrating the benefits of this new technique.
    The field of opportunistic replacement deals with the benefits of performing maintenance on equipment prior to their failure in order to avoid greater costs associated with failure. Problems of a deterministic nature, i.e., where the... more
    The field of opportunistic replacement deals with the benefits of performing maintenance on equipment prior to their failure in order to avoid greater costs associated with failure. Problems of a deterministic nature, i.e., where the exact time of both mandated replacement and maintenance opportunities are known at the outset, have been solved analytically only for a two-component system. This paper presents a mixed integer linear programming formulation for any n-component system. The results are of theoretical as well as practical significance in solving problems such as maintenance scheduling in fusion power plants.
    Abstract Common due date problems have been extensively discussed in the scheduling literature. Initially, these problems discussed finding a common due date for a set of jobs on a single machine. These single machine problems were later... more
    Abstract Common due date problems have been extensively discussed in the scheduling literature. Initially, these problems discussed finding a common due date for a set of jobs on a single machine. These single machine problems were later extended to finding the ...
    A decision-maker, using mathematical programming optimization models, is often faced with a choice of many alternative solutions optimizing the objective function. The decision may be based on secondary, tertiary or higher-order... more
    A decision-maker, using mathematical programming optimization models, is often faced with a choice of many alternative solutions optimizing the objective function. The decision may be based on secondary, tertiary or higher-order objectives. Such problems are usually ...
    Copyright© 2011 Palgrave Macmillan, a division of Macmillan Publishers Limited. A company registered in England and Wales under Company Number: 785998 with its registered office at Brunel Road, Houndmills, Basingstoke, Hants, RG21 6XS,... more
    Copyright© 2011 Palgrave Macmillan, a division of Macmillan Publishers Limited. A company registered in England and Wales under Company Number: 785998 with its registered office at Brunel Road, Houndmills, Basingstoke, Hants, RG21 6XS, United ...
    Abstract One common job scheduling objective is to minimize makespan. The problem can be modeled as integer linear programming (ILP) and will often have multiple alternative optimal solutions. However, secondary considerations, eg... more
    Abstract One common job scheduling objective is to minimize makespan. The problem can be modeled as integer linear programming (ILP) and will often have multiple alternative optimal solutions. However, secondary considerations, eg minimizing the second latest ...
    The common due-date problem involves minimizing the absolute deviation around a common due-date. An interesting variation modifies the problem so that no penalty costs are incurred for jobs completing within the tolerance interval of the... more
    The common due-date problem involves minimizing the absolute deviation around a common due-date. An interesting variation modifies the problem so that no penalty costs are incurred for jobs completing within the tolerance interval of the common due-date. For ...
    ABSTRACT An opportunistic replacement problem dealing with life-limited parts is analyzed. Because of prohibitively high costs of unscheduled breakdowns, life-limits on system components, e.g. nuclear fusion power systems, may be set so... more
    ABSTRACT An opportunistic replacement problem dealing with life-limited parts is analyzed. Because of prohibitively high costs of unscheduled breakdowns, life-limits on system components, e.g. nuclear fusion power systems, may be set so low as to insure performance during allotted life span. If two components with different life-limits are present, each individual scheduled replacement point offers potential opportunity for monetary savings. It is proved that in this deterministic situation only a limited number of the possible replacement points need be considered. An algorithm to generate these points is given and the computational requirements are discussed.
    Abstract TCE Cheng [Computers Ops Res. 15, 91–96 (1988)] recently presented an interesting variation of the common due-date scheduling problem. He considered the situation where jobs that only marginally miss the common due-date are not... more
    Abstract TCE Cheng [Computers Ops Res. 15, 91–96 (1988)] recently presented an interesting variation of the common due-date scheduling problem. He considered the situation where jobs that only marginally miss the common due-date are not penalized. ...
    ABSTRACT The field of opportunistic replacement deals with the benefits of performing maintenance on equipment prior to failure in order to avoid prohibitively high costs associated with failure. Problems of a deterministic nature, i.e.,... more
    ABSTRACT The field of opportunistic replacement deals with the benefits of performing maintenance on equipment prior to failure in order to avoid prohibitively high costs associated with failure. Problems of a deterministic nature, i.e., where the exact times of both mandatory replacement and maintenance opportunities are known at the outset, with infinite time horizons have been solved for the two component case using a specialized algorithm. This paper presents a more general integer programming formulation of the problem that will work for any specified time frame. The results are of theoretical as well as practical significance in solving problems such as maintenance scheduling in fusion power plants.