On the estimation of optimal batch sizes in the analysis of simulation output

Article Abstract:

An estimation procedure for determining the optimal batch size to minimize the mean squared error of estimators of the variance of the sample mean is almost as effective as it would be if the parameters of the autoregressive processes were known. Experiments involving symmetric two-state Markov chain models, first-order autoregressive processes, seasonal autoregressive processes and queue-waiting times for a number of M/M/1 queueing models were conducted for an empirical assessment of the procedure.

Economic lot size

---

Generating a pseudo-random time series with specified marginal distributions

Article Abstract:

The application of the marginal-oriented technique to the problem of generating a stationary series with a predetermined marginal distribution and a predetermined lag-one autocorrelation. The approach involves the conversion of a reference series, a known autocorrelated series, to its corresponding uniform autocorrelated random variables followed by the implementation of inverse transformation to each observation to produce the target series.

Operations research, Methods, Management science, Case studies, Autocorrelation (Statistics), Time-series analysis, Time series analysis

---

A decision support system for power plant design

Article Abstract:

Consideration of a support design system (DSS) was proposed for designing power plants. The proposal was derived after incorporating a DSS module in the simulation framework of IPSE pro, a programmable integrated process simulation environment developed by SimTech. It was shown through incorporation of a DSS module, design engineers are able to undertake a better choice-evaluation of aspects pertaining to the design of power plants.

Prepackaged software, Electric Utilities, Electric Power Generation, Transmission and Distribution, Electric services, Business management software, Design and construction, Information management software, Decision support systems, Electric power plants, Power plants

Similar abstracts:

• Abstracts: Optimization and sensitivity analysis of computer simulation models by the score function method
• Abstracts: Employees' overestimation of functional and relational service quality: A gap analysis. An investigation of the impact of internal labor markets in the hotel industry
• Abstracts: Simultaneously determining the mix of space launch vehicles and the assignment of satellites to rockets. Search allocation game
• Abstracts: The decentralisation of Airbus production and services. Service and employment relationships. Local care services: a reflection on the conditions for their emergence and development
• Abstracts: Taking the sting out of warranties. Why small firms lose in the selling stakes. Do or die for DIY

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.