Not being an isim user myself, a search through the ISim User Guide implies you need to create a separate project to compile into a library, contrasting with how easy it is to target a library from the command line.
Presumably you'd also need to add the library as a resource in your project. Funny there are no complaints about that yet you have:
library ieee_proposed;
in delay_calculation.vhd, noting that a library declaration simply makes the name available. Somewhere the implementation dependent mapping for the library name to library needs to be made. This by default is in xilinxisim.ini, but I imagine your project management interface allows you to map the library into your project, and isim should know where to look for the library.
Nosing around the user guide may be worthwhile.
In Simulation Steps Overview
User Libraries
Depending upon how you launch ISim, there are different methods
available to add user libraries:
- When launching Project Navigator, define the user libraries in the ISE tool. See “Working with VHDL Libraries” in ISE Help for
details.
- When using ISim standalone, interactive command mode, or non-interactive mode, set the library mapping file (see Appendix A,
Library Mapping File (xilinxisim.ini) to point to your logical or
physical libraries.
- When launching ISim from the PlanAhead tool, define the user libraries in that tool. See the PlanAhead User Guide (UG632) for more
information. Appendix D, Additional Resources, contains a link to the
document.
See Working with VHDL Libraries, see To Create a VHDL Library and To Add Files to a VHDL Library.
(The top level link to ISE Help).
You'd think there'd be a FAQ for those of us apostate - speed reading 'religious' tomes sucks even using Google to find them. Notice the explanations are in terms of menu pull down actions, analogous to command line entry. We're being bitten by what's available on the top menu bar. And when you do manage to add and use a library successfully you'll remember how until someone changes the menus around, and you could of course wonder about documentation lagging.