EconPapers    
Economics at your fingertips  
 

Statistical analysis of the output data from terminating simulations

Averill M. Law

Naval Research Logistics Quarterly, 1980, vol. 27, issue 1, 131-143

Abstract: In this paper we precisely define the two types of simulations (terminating and steady‐state) with regard to analysis of simulation output and discuss some common measures of performance for each type. In addition, we conclude, on the basis of discussions with many simulation practitioners, that both types of simulations are important in practice. This is contrary to the impression one gets from reading the simulation literature, where the steady‐state case is almost exclusively considered. Although analyses of terminating simulations are considerably easier than are those of steady‐state simulations, they have not received a careful treatment in the literature. We discuss and give empirical results for fixed sample size, relative width, and absolute width procedures that can be used for constructing confidence intervals for measures of performance in the terminating case.

Date: 1980
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://doi.org/10.1002/nav.3800270112

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:27:y:1980:i:1:p:131-143

Access Statistics for this article

More articles in Naval Research Logistics Quarterly from John Wiley & Sons
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2025-03-20
Handle: RePEc:wly:navlog:v:27:y:1980:i:1:p:131-143