“What-if” analysis in computer simulation models: A comparative survey with some extensions

  • Authors:
  • H. Arsham;A. B. Kahn

  • Affiliations:
  • School of Business, University of Baltimore, Baltimore, MD 21201 USA;School of Business, University of Baltimore, Baltimore, MD 21201 USA

  • Venue:
  • Mathematical and Computer Modelling: An International Journal
  • Year:
  • 1990

Quantified Score

Hi-index 0.98

Visualization

Abstract

The simulation models are often subject to errors caused by the estimated parameter(s) of underlying input distribution function. ''What-if'' analysis is needed to establish confidence with respect to small changes in the parameters of the input distributions. However traditional ''what-if'' analysis requires a separate simulation run for each input value. Four different methods for estimating performance function for several scenarios using extrapolation/interpolation are presented. By simulating a simple reliability model a comparative experimental study on the efficiency of the these methods is provided.