EXPERIMENTAL DESIGN FOR PORT INVESTMENT ANALYSIS: A CASE STUDY IN A BULK TERMINAL

항만투자분석을 위한 실험계획법 : 산물터미널에서의 사례연구

Experimental design in simulation provides an efficient way of economizing simulation runs since a considerable number of simulation runs that originally were planned can be reduced by this approach. This experimental design method is an active area of research together with the output analysis and so no single panacea seems to exist so far. Thus, selection of techniques of experimental design and output analysis more lithely depends upon the objective of simulation analysis, budget constraint and sometimes the analysts subjective judgment. This paper attempts to describe an experimental design methodology for port investment analysis using a case study in a bulk terminal in Korea. Detailed display will be focused on simulation period, warm-up period, the number of replications needed in production runs after brief explanation on the system configuration.