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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… Expand
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Related topics

Related topics

4 relations
List of numerical analysis topicsOptimistic knowledge gradientSimulation

Broader (1)

Stochastic optimization

Papers overview

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2017
2017
Robust ranking and selection with optimal computing budget allocation
Abstract In this paper, we consider the ranking and selection (R&S) problem with input uncertainty. It seeks to maximize the… Expand
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2014
2014
Optimal Computing Budget Allocation for Complete Ranking
Previous research in ranking and selection focused on selecting the best design and subset selection. Little research has been… Expand
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2012
2012
Optimal computing budget allocation for small computing budgets
In this paper, we develop an optimal computing budget allocation (OCBA) algorithm for selecting a subset of designs under the… Expand
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Highly Cited
2010
Highly Cited
2010
Stochastic Simulation Optimization - An Optimal Computing Budget Allocation
With the advance of new computing technology, simulation is becoming very popular for designing large, complex and stochastic… Expand
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2009
2009
Optimal Computing Budget Allocation for constrained optimization
In this paper, we consider the problem of selecting the best design from a discrete number of alternatives in the presence of a… Expand
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Highly Cited
2008
Highly Cited
2008
Efficient Simulation Budget Allocation for Selecting an Optimal Subset
We consider a class of the subset selection problem in ranking and selection. The objective is to identify the top m out of k… Expand
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Highly Cited
2004
Highly Cited
2004
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… Expand
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2004
2004
Optimal computing budget allocation under correlated sampling
We consider the optimal computing budget allocation (OCBA) problem where the simulated designs are correlated. The exact optimal… Expand
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2003
2003
Optimal Computing Budget Allocation of Indifference-zone-selection Procedures
Indifference-zone-selection procedures have been widely studied and applied to determine the required sample sizes for selecting… Expand
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Highly Cited
1997
Highly Cited
1997
New development of optimal computing budget allocation for discrete event simulation
This paper deals with ranking and selection problem via simulation. We present an optimal computing budget allocation technique… Expand
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