Optimal computing budget allocation for multi-objective simulation models


Simulation plays a vital role in identifying the best system design from among a set of competing designs. To improve simulation efficiency, ranking and selection techniques are often used to determine the number of simulation replications required so that a pre-specified level of correct selection is guaranteed at a modest possible computational expense… (More)


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Citation Velocity: 7

Averaging 7 citations per year over the last 3 years.

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