Estimating relationships in simulation models using regression: An application to military retirement costing
Euske, Kenneth J.
Thomas, George W.
Smith, Donald F.
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This article demonstrates a procedure for using regression analysis to develop estimating equations that simply and quickly predict the effects on system performance of changes in parametric values of complex interrelation- ships imbedded in a full mathematical simulation model. Though a analytic solution to the relationships may be possible, the time and other resources necessary to generate such a solution may exceed those available. The resulting estimating equations facilitate understanding of the system being simulated, enable users to more easily conduct sensitivity analysis and answer what-if questions, and assist the selling of the simulation results to potential users. The procedure includes criteria for selection of: variables to be analyzed, the sensitivity range, the value increments, and the functional form. The example utilized is a simulation model developed for estimating future military retirement costs. (Author)
RightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.
NPS Report NumberNPS-54-85-010
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