Estimation of Expectations and Variance Components in Two-Level Nested Simulation Experiments
When there is uncertainty in the value of parameters of the input random components of a stochastic simulation model, two-level nested simulation algorithms are used to estimate the expectation of performance variables of interest. In the outer level of the algorithm <i>n</i> observation...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
MDPI AG
2023-08-01
|
Series: | AppliedMath |
Subjects: | |
Online Access: | https://www.mdpi.com/2673-9909/3/3/31 |