Using conditional expectation to reduce variance in discrete event simulation
WSC '79 Proceedings of the 11th conference on Winter simulation - Volume 1
| Hi-index | 0.00 |
This talk is concerned with statistical techniques, known as variance reduction techniques, for increasing simulation efficiency. The emphasis will be on critically assessing the practical applicability of variance reduction techniques in discrete event simulations of complex stochastic models of systems. Examples of the successful application of such techniques will be presented.