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Truncation Point Estimation using Multiple Replications in Parallel

Title:  Truncation Point Estimation using Multiple Replications in Parallel

 

Author: Falko Bause, Mirko Eickhoff

 

ABSTRACT

In steady-state simulation the output data of the transient phase often causes a bias in the estimation of the steady-state results. A common advice is to cut off this transient phase. Finding an appropriate truncation point is a well-known problem and is still not completely solved.  In this paper we consider two algorithms for the determination of the truncation point. Both are based on a technique which takes the definition of the steady-state phase more closely into consideration. The capabilities of the algorithms are demonstrated by comparisons with two methods most often used in practice.

 

published in:

  2003 Winter Simulation Conference December 7-10,  New Orleans, Louisiana, USA, 2003.

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