Variance Reduction in Monte Carlo Simulation of Electric Power Production Costs

DOI10.1080/01966324.1997.10737440MaRDI QIDQ4375849zbMATH OpenOpenAlexWikidataFDO

Authors Mainak Mazumdar, Anoop Kapoor

Publication date 8 February 1998

Published in American Journal of Mathematical and Management Sciences (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1080/01966324.1997.10737440

zbMATH Keywords

electric power generationMonte Carloproduct simulationvariance reduction

Mathematics Subject Classification ID

Production models (90B30) Case-oriented studies in operations research (90B90)

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Cited in

(1)

• Asymptotic Mean and Variance of Electric Power Generation System Production Costs via Recursive Computation of the Fundamental Matrix of a Markov Chain

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