Showing 1 - 10 of 16
Persistent link: https://www.econbiz.de/10011087173
n practice, it is important to evaluate the quality of research, in order to make decisions on tenure, funding, and so on. This article develops a methodology using citations to measure the quality of journals, proceedings, and book publishers. (Citations are also used by the Science and Social...
Persistent link: https://www.econbiz.de/10011092108
This paper reviews the state of the art in five related types of analysis, namely (i) sensitivity or what-if analysis, (ii) uncertainty or risk analysis, (iii) screening, (iv) validation, and (v) optimization. The main question is: when should which type of analysis be applied; which statistical...
Persistent link: https://www.econbiz.de/10011087071
For decision makers the variability in the net present value (NPV) of an investment project is an indication of the project's risk. So-called risk analysis is one way to estimate this variability. However, risk analysis requires knowledge about the stochastic character of the inputs. For large,...
Persistent link: https://www.econbiz.de/10011092930
This tutorial discusses what-if analysis and optimization of System Dynamics models. These problems are solved, using the statistical techniques of regression analysis and design of experiments (DOE). These issues are illustrated by applying the statistical techniques to a System Dynamics model...
Persistent link: https://www.econbiz.de/10011092652
Rigorous statistical validation requires that the responses of the model and the real system have the same expected values. However, the modeled and actual responses are not comparable if they are obtained under different scenarios (environmental conditions). Moreover, data on the real system...
Persistent link: https://www.econbiz.de/10011092025
Whenever simulation requires much computer time, interpolation is needed. There are several interpolation techniques in use (for example, linear regression), but this paper focuses on Kriging.This technique was originally developed in geostatistics by D.G.Krige, and has recently been widely...
Persistent link: https://www.econbiz.de/10011092435
Persistent link: https://www.econbiz.de/10011193623
Persistent link: https://www.econbiz.de/10011086716
Persistent link: https://www.econbiz.de/10011086768