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Unformatted text preview: Click to edit Master subtitle style 5/19/11 Lecture 6: Output Analysis IE 144: AY 2010-2011 5/19/11 Outputs to be Measured Performance Measure Validation Data 5/19/11 Measures of Performance Queueing System Length of queue Waiting Time Servicing Cost Inventory System Total Cost (Holding + Ordering + Price) Service Level 5/19/11 Measures of Performance Manufacturing System Throughput rate Maximum Capacity Lead Time / Makespan Amount of WIPs Resource utilization 5/19/11 Output Analysis The systematic statistical analysis of reports and/ or outputs generated by a simulation. 5/19/11 Types of Simulation* Terminating Simulation The simulation ends when a specified event occurs (e.g. banks close at 4:00 PM, production stops when the number of orders are met) Non-terminating Simulation No logical event triggers the stop of simulation (e.g. continuous production, traffic in EDSA) * With respect to Output Analysis 5/19/11 Terminating Simulation A bank is open from 9 Am 5:00 Pm (8 hours).Which queueing system is better in terms of Total Time in the system?...
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