2012
DOI: 10.2139/ssrn.2824948
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Investigating the Effectiveness of Variance Reduction Techniques in Manufacturing, Call Center and Cross-Docking Discrete Event Simulation Models

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“…The CV technique is based on the use of secondary variables and involves incorporating prior knowledge about a specific output performance parameter within a simulation model. As compared with CRN and AV, CV attempts to exploit the advantage of the correlation between certain input and output variables to obtain a variance reduction (Adewunmi and Aickelin, 2012;Wright and Ramsay, 1979).…”
Section: Variance Reductionmentioning
confidence: 99%
“…The CV technique is based on the use of secondary variables and involves incorporating prior knowledge about a specific output performance parameter within a simulation model. As compared with CRN and AV, CV attempts to exploit the advantage of the correlation between certain input and output variables to obtain a variance reduction (Adewunmi and Aickelin, 2012;Wright and Ramsay, 1979).…”
Section: Variance Reductionmentioning
confidence: 99%