Accurate estimation of performance measures for system dynamics models
โ Scribed by P. M. Barton; A. M. Tobias
- Publisher
- John Wiley and Sons
- Year
- 1998
- Tongue
- English
- Weight
- 138 KB
- Volume
- 14
- Category
- Article
- ISSN
- 0883-7066
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โฆ Synopsis
Traditional system dynamics models are subject to error in the estimation of performance measures because of the method of calculation over discrete time intervals. It is shown that such errors may be signiยฎcantly reduced by dividing the computation between two runs with dierent solution intervals and applying Richardson's extrapolation method. Examples are given for a variety of dierent published models and performance measures.
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