The application of sequential sampling to simulation: An example inventory model


Journal Article

Four different sequential sampling procedures are applied to the analysis of data generated by a computer simulation experiment with a multi-item inventory model. For each procedure the cost of computer time required to achieve given levels of statistical precision is calculated. Also the cost of computer time using comparable fixed sample size methods is calculated. The computer costs of fixed sample size procedures versus sequential sampling procedures are compared. © 1970, ACM. All rights reserved.

Full Text

Duke Authors

Cited Authors

  • Emery, JC; Sasser, WE; Burdick, DS; Graham, DA; Naylor, TH

Published Date

  • May 1, 1970

Published In

Volume / Issue

  • 13 / 5

Start / End Page

  • 287 - 296

Electronic International Standard Serial Number (EISSN)

  • 1557-7317

International Standard Serial Number (ISSN)

  • 0001-0782

Digital Object Identifier (DOI)

  • 10.1145/362349.362357

Citation Source

  • Scopus