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|Title:||Computing budget allocation rules for multi-objective simulation models based on different measures of selection quality|
|Authors:||Lee, L.H. |
Computing budget allocation
Measure of selection quality
|Citation:||Lee, L.H., Chew, E.P., Teng, S. (2010). Computing budget allocation rules for multi-objective simulation models based on different measures of selection quality. Automatica 46 (12) : 1935-1950. ScholarBank@NUS Repository. https://doi.org/10.1016/j.automatica.2010.08.004|
|Abstract:||In an optimal computing budget allocation problem, different measures of selection quality determine how the best set of designs can be identified and how the simulation budget should be allocated among the designs. In this paper, we look at several measures of selection quality and derive respective allocation rules for the multi-objective computing budget allocation problem. Some computational experiments are carried out to compare the performance of the allocation rules and to identify the suitable ones in certain scenarios. © 2010 Elsevier Ltd. All rights reserved.|
|Appears in Collections:||Staff Publications|
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