Abstract
This paper considers the combined use of control variates and batching for estimating the steady-state mean of an infinite-horizon process via simulation. Properties of the point and interval estimators from such a procedure are derived as functions of the number of batches and the number of control variates when the total sample size is fixed.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 184-196 |
| Number of pages | 13 |
| Journal | European Journal of Operational Research |
| Volume | 43 |
| Issue number | 2 |
| DOIs | |
| State | Published - Nov 27 1989 |
Funding
* This research was partially supported by a Seed Grant from the Office of Research and Graduate Studies, The Ohio State University.
Keywords
- Simulation
- multivariate statistics
- regression
ASJC Scopus subject areas
- General Computer Science
- Modeling and Simulation
- Management Science and Operations Research
- Information Systems and Management