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Optimal computing budget allocation

Optimal computing budget allocation (OCBA) is a concept first introduced in the mid 1990s by Dr. Chun-Hung Chen. This approach intends to maximize… 
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Papers overview

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2020
2020
Since an optimal computing budget allocation (OCBA) approach maximizes the efficiency of the simulation budget allocation to… 
2018
2018
In this paper, we consider the problem of selecting a subset of good designs from a finite set of simulated designs. Instead of… 
2016
2016
In this paper, we develop a multi-objective optimal computing budget allocation method with multiple weights (MOCBAmw) assigned… 
2013
2013
Particle Swarm Optimization (PSO) is a population-based algorithm whose performance deteriorates in optimization problems subject… 
2013
2013
In this paper, a simulation-based optimization approach, named NHOCBA, for a typical resource allocation problem is presented… 
2011
2011
“[...] This index is unsatisfactory in a number of ways. Food availability is a rather poor predictor of failure to grow… 
2004
2004
We consider the optimal computing budget allocation (OCBA) problem where the simulated designs are correlated. The exact optimal… 
1995
1995
Whether or not in a conscious manner, management uses an income statement and a budget for the same purpose aeronautical… 
Highly Cited
1959
Highly Cited
1959
A hydrologic budget is a statement accounting for the water gains and losses for selected periods in an area. Weekly measurements…