Read and comment on Bruce Schmeiser’s fundamental output
analysis paper, “Batch Size Effects in the Analysis of
Simulation Output,” Operations Research, Volume 30, 556–568 (1982). Bruce’s paper analytically
studies the behavior of the batch means method. Now refer to Chapter 9 of
Law (2015), and in particular, the relevant tables there that deal with the
empirical behavior of the batch means method for output analysis. Compare Bruce’s
results with Law’s.
Batch Size Effects in the Analysis of Simulation Output – attached pdf
Chapter 9 of Law (2015)
Please use citation in attached pdf and link above, and quote the sentences that you take from there. Also if you will use any citation outside of 2 sources, please put them down. Thanks!
