Kleijnen, Jack P.C. - Tilburg University, School of Economics and Management - 1995
, (ii) uncertainty or risk analysis, (iii) screening, (iv) validation, and (v) optimization. The main question is: when … following five stages in the analysis of a simulation model. 1) Validation: the availability of data on the real system … determines which type of statistical technique to use for validation. 2) Screening: in the simulation's pilot phase the really …