Industrial strength COMPASS: A comprehensive algorithm and software for optimization via simulation

@article{Xu2010IndustrialSC,
  title={Industrial strength COMPASS: A comprehensive algorithm and software for optimization via simulation},
  author={Jie Xu and Barry L. Nelson and L. Jeff Hong},
  journal={ACM Trans. Model. Comput. Simul.},
  year={2010},
  volume={20},
  pages={3:1-3:29}
}
Industrial Strength COMPASS (ISC) is a particular implementation of a general framework for optimizing the expected value of a performance measure of a stochastic simulation with respect to integer-ordered decision variables in a finite (but typically large) feasible region defined by linear-integer constraints. The framework consists of a global-search phase, followed by a local-search phase, and ending with a “clean-up” (selection of the best) phase. Each phase provides a probability 1… CONTINUE READING
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