Bruce Schmeiser’s fundamental output analysis

Question #18 Read and comment on Bruce Schmeiser’s fundamental output analysis paper, “Batch Size Effects in the Analysis of Simulation Output,” OperationsResearch, 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.

Sample Solution

ACED ESSAYS