Abstract
We consider the application of antithetic variates and control variates variance reduction techniques (VRTs) in the context of steady-state simulation experiments when initial-condition bias is present. We show that, by appropriately modifying the experiment design, incorporating a VRT can improve both point and interval-estimator performance. Guidelines for notifying the experiment design are given.
Original language | English (US) |
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Pages (from-to) | 340-350 |
Number of pages | 11 |
Journal | IIE Transactions (Institute of Industrial Engineers) |
Volume | 22 |
Issue number | 4 |
DOIs | |
State | Published - Dec 1990 |
ASJC Scopus subject areas
- Industrial and Manufacturing Engineering