The Use of Refined Descriptive Sampling and Applications in Parallel Monte Carlo Simulation
Keywords:Monte Carlo, sampling, parallel simulation, queuing system, Pert network, Inventory
AbstractRefined descriptive sampling is designed to improve upon the descriptive sampling method for experimentation in simulation. The former reduces significantly the risk of sampling bias generated by descriptive sampling and eliminates its problem related to the sample size. In this paper, we propose an optimal parallel Monte Carlo simulation algorithm using refined descriptive sampling and evaluate in parallel architecture, performance measures of a stable M/M/1 queueing system, a Pert network and the Newsboy problem.
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How to Cite
Aloui, A., & Tari, M. O. (2012). The Use of Refined Descriptive Sampling and Applications in Parallel Monte Carlo Simulation. COMPUTING AND INFORMATICS, 30(4), 681–700. Retrieved from https://www.cai.sk/ojs/index.php/cai/article/view/190