Abstract
A case study is used to illustrate that Monte Carlo simulation is not always the best method of determining system performance. The advantages cited by Hahn and Shapiro [2] of the moment generating method are emphasized in this study, particularly that associated with reduced computer time requirements. The study also illustrates that a modification of the moment approach may be required to permit valid approximation of the distribution using a Pearson curve. The modification in question involves the use of conditional moments.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
