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EOR
2006
62views more  EOR 2006»
14 years 9 months ago
A sequential procedure for neighborhood selection-of-the-best in optimization via simulation
We propose a fully sequential indifference-zone selection procedure that is specifically for use within an optimization-via-simulation algorithm when simulation is costly, and par...
Juta Pichitlamken, Barry L. Nelson, L. Jeff Hong
WSC
2007
14 years 12 months ago
New greedy myopic and existing asymptotic sequential selection procedures: preliminary empirical results
Statistical selection procedures can identify the best of a finite set of alternatives, where “best” is defined in terms of the unknown expected value of each alternative’...
Stephen E. Chick, Jürgen Branke, Christian Sc...