Variance Reduction Techniques with Applications.

Abstract

The objective of this study was to find out about, analyze and illustrate the characteristics of variance reduction techniques. Extensive literature review was done to identify the basic idea, theoretical foundation, procedure for implementation, fields of application, and other specific characteristics of each technique. Examples were given to show how to implement the commonly used techniques. Computer programs were written to perform those examples. Results were used to compare the efficiency of different techniques. Three studies in the fields of inventory, queuing and computer performance measurement were discussed where different variance reduction techniques were employed. Conclusions and recommendations were given. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Dec 01, 1983
Accession Number
ADA138074

Entities

People

  • M. R. Elhefny

Organizations

  • Air Force Institute of Technology

Tags

Communities of Interest

  • Energy and Power Technologies
  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Classification
  • Computational Science
  • Computer Programs
  • Computers
  • Data Science
  • Estimators
  • Information Science
  • Inventory
  • Literature Surveys
  • Measurement
  • Monte Carlo Method
  • Random Variables
  • Reliability
  • Simulations
  • Statistical Algorithms
  • Statistical Estimation
  • Stochastic Processes

Readers

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