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This paper presents a procedure for determining the number of simulation observations required to achieve a preassigned … confidence interval for means estimated by simulation. This procedure, which is simple to implement and efficient to use, is … compared with two other methods for determining the required sample size in a simulation run. The empirical results show that …
Persistent link: https://www.econbiz.de/10009191901
situations where simulation is used to evaluate the objective function. We present two versions of a new iterative method for … using transient or steady-state simulation, and we show how the other version can be applied to solve a special class of …
Persistent link: https://www.econbiz.de/10009191923
used on a sample path from a real system. The method is also applicable to simulation studies of certain real time control …
Persistent link: https://www.econbiz.de/10009191931
Many simulation experiments are concerned with the estimation of a ratio of two unknown means, the estimation of a …
Persistent link: https://www.econbiz.de/10009191933
, task tenure, and the magnitude of worker forgetting. In controlled computer simulation experiments, each of these factors …
Persistent link: https://www.econbiz.de/10009191960
We investigate the fixed, sample-size, batch-mean procedure for creating confidence intervals from simulated data obtained from a stochastic queueing system with multiple customer classes. We show that, for a multiclass M/M/1 queue, serial correlation between customers of the same class...
Persistent link: https://www.econbiz.de/10009191962
In this study, we analyze firms’ membership in R&D (Research and Development) cooperation networks. Our main research hypothesis is that the membership in cooperation networks is related to the degree of the knowledge spillover. The approach focus on both cost symmetry and cost asymmetry. For...
Persistent link: https://www.econbiz.de/10009192027
downstream agile process and shield upstream smooth production from market fluctuations. A simulation model is developed to … evaluate and validate the effectiveness of the proposed lean-agile model. Simulation experiments show that the lean-agile model …
Persistent link: https://www.econbiz.de/10009194495
methods from the point of view if they are satisfying core compatibility. We test this with simulation where we add to the …
Persistent link: https://www.econbiz.de/10009195310
There is still considerable doubt and even anxiety among simulation modelers as to what the methodologically correct … guidelines or procedures for validating simulation models should be. Epistemically, the approaches one finds in the simulation … simulation models. From the debate, we attempt to set out a perspective that frees the practioner to pursue a varied set of …
Persistent link: https://www.econbiz.de/10009197317