Discrete-event simulation optimization using ranking, selection, and multiple comparison procedures: A survey

@article{Swisher2003DiscreteeventSO,
  title={Discrete-event simulation optimization using ranking, selection, and multiple comparison procedures: A survey},
  author={James R. Swisher and Sheldon H. Jacobson and Enver Y{\"u}cesan},
  journal={ACM Trans. Model. Comput. Simul.},
  year={2003},
  volume={13},
  pages={134-154}
}
An important use for discrete-event simulation models lies in comparing and contrasting competing design alternatives without incurring any physical costs. This article presents a survey of the literature for two widely used classes of statistical methods for selecting the best design from among a finite set of k alternatives: ranking and selection (R&S) and multiple comparison procedures (MCPs). A comprehensive survey of each topic is presented along with a summary of recent unified R&S-MCP… CONTINUE READING

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