ORIE 4580/5580 - Simulation Modeling and Analysis
Lecture 22 (Tue 11/25) - 'Initialization bias and Autocorrelation'


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Professor: Topaloglu
Lecture Description: Going over output analysis again and focusing on steady-state simulation issues: 1) Initialization bias and 2) Autocorrelation. Can fix this with a warm up period but note the inherent trade off with batches between independence and precision of the confidence intervals.
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