Applying variance reduction ideas in queuing simulations

Applying variance reduction ideas in queuing simulations

0.00 Avg rating0 Votes
Article ID: iaor20023525
Country: United States
Volume: 15
Issue: 4
Start Page Number: 481
End Page Number: 494
Publication Date: Jan 2001
Journal: Probability in the Engineering and Informational Sciences
Authors: ,
Keywords: programming: probabilistic
Abstract:

Variance reduction techniques are often underused in simulation studies. In this article, we indicate how certain ones can be efficiently employed when analyzing queuing models. The first technique considered is that of dynamic stratified sampling; the second is the utilization of multiple control variates; the third concerns the replacement of random variables by their conditional expectations when trying to estimate the expected value of a sum of random variables.

Reviews

Required fields are marked *. Your email address will not be published.