Computing budget allocation rules for multi-objective simulation models based on different measures of selection quality

Abstract

In an optimal computing budget allocation problem, different measures of selection quality determine how the best set of designs can be identified and how the simulation budget should be allocated among the designs. In this paper, we look at severalmeasures of selection quality and derive respective allocation rules for themulti-objective computing budget… (More)
DOI: 10.1016/j.automatica.2010.08.004

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