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Lecture J3 (2020-11-10): Estimation of Absolute Performance, Part 3
IEE 475: Simulating Stochastic Systems
English - November 12, 2020 05:05Courses Education simulation stochastic des dess discrete event system industrial engineering modeling Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Lecture J2 (2020-10-05): Estimation of Absolute Performance, Part 2
This lecture continues to discuss issues related to estimating absolute performance from transient and steady-state simulations (of terminating and non-terminating systems, respectively). We continue to emphasize the importance and utility of interval estimations (over point estimates). We then move on to discuss experimental methodologies useful for steady-state simulations, particularly related to eliminating estimator bias and reducing computational time.