Rare-Event Simulation for Multistage Production-Inventory Systems
نویسندگان
چکیده
منابع مشابه
Simulation of Rare Event in Queueing Systems
The paper is devoted on computer simulation of rare event probability, which is a critical issue in areas such as reliabilities, telecommunications, aircraft management, etc. This means that it is necessary to evaluate probabilityties less than 10, which is unreasonable to be simulated with standard Monte Carlo approach. M/M/1/N queuing system and tandem queuing system are under investigation w...
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Rare events are events that are expected to occur infrequently or, more technically, those that have low probabilities (say, order of 10 3 or less) of occurring according to a probability model. In the context of uncertainty quantification, the rare events often correspond to failure of systems designed for high reliability, meaning that the system performance fails to meet some design or opera...
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for n large. The approximation (1.1) asserts that the “easy problem instances” arise when α is either close to 0 or 1, and that the “hardest problem instances” arise when α ≈ 1/2. This (perhaps surprising) conclusion arises because (1.1) is describing the absolute error associated with the computation. But in rare-event simulation, we are concerned with relative error, not absolute error (i.e. ...
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ژورنال
عنوان ژورنال: Management Science
سال: 1996
ISSN: 0025-1909,1526-5501
DOI: 10.1287/mnsc.42.9.1292