Monte Carlo Simulation Models Evolving in Replicated Runs: A Methodology to Choose the Optimal Experimental Sample Size

The idea of a methodology capable of determining in a precise and practical way the optimal sample size came from studying Monte Carlo simulation models concerning financial problems, risk analysis, and supply chain forecasting. In these cases the number of extractions from the frequency distributio...

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Bibliographic Details
Main Authors: Lucia Cassettari, Roberto Mosca, Roberto Revetria
Format: Article
Language:English
Published: Hindawi Limited 2012-01-01
Series:Mathematical Problems in Engineering
Online Access:http://dx.doi.org/10.1155/2012/463873