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Author Sasser, W. Earl ♦ Graham, Daniel A. ♦ Naylor, Thomas H. ♦ Burdick, Donald S.
Source ACM Digital Library
Content type Text
Publisher Association for Computing Machinery (ACM)
File Format PDF
Language English
Subject Keyword Sequential sampling ♦ Simulation ♦ Experimental design ♦ Inventory models ♦ Models
Abstract 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.
Description Affiliation: Duke Univ., Durham, NC (Sasser, W. Earl; Burdick, Donald S.; Graham, Daniel A.; Naylor, Thomas H.)
Age Range 18 to 22 years ♦ above 22 year
Educational Use Research
Education Level UG and PG
Learning Resource Type Article
Publisher Date 2005-08-01
Publisher Place New York
Journal Communications of the ACM (CACM)
Volume Number 13
Issue Number 5
Page Count 10
Starting Page 287
Ending Page 296

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Source: ACM Digital Library