An Improved Budget Allocation Procedure for Selecting the Best-Simulated Design in the Presence of Large Stochastic Noise
Motivated by the increasing practical needs for simulation optimization of modern industrial systems, this paper proposes an efficient ranking and selection (R&S) procedure for selecting the best-simulated design from a finite set of alternatives in the presence of large stochastic noise. To...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
IEEE
2019-01-01
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| Series: | IEEE Access |
| Subjects: | |
| Online Access: | https://ieeexplore.ieee.org/document/8879475/ |