Please use this identifier to cite or link to this item:
|Title:||Optimal sampling in design of experiment for simulation-based stochastic optimization|
|Source:||Brantley, M.W., Lee, L.H., Chen, C.-H., Chen, A. (2008). Optimal sampling in design of experiment for simulation-based stochastic optimization. 4th IEEE Conference on Automation Science and Engineering, CASE 2008 : 388-393. ScholarBank@NUS Repository. https://doi.org/10.1109/COASE.2008.4626453|
|Abstract:||Simulation can be a very powerful tool to help decision making in many applications such as semiconductor manufacturing or healthcare, but exploring multiple courses of actions can be time consuming. We propose an optimal computing budget allocation (OCBA) method to improve the efficiency of simulation optimization using parametric regression. The approach proposed here, called OCBA-DOE, incorporates information from across the domain into a regression equation in order to efficiently allocate the simulation replications to improve the decision process. Asymptotic convergence rates of the OCBA-DOE method indicate that it offers a significant improvement when compared to a naïve allocation scheme and the traditional OCBA method. Numerical experiments reinforce these results. ©2008 IEEE.|
|Source Title:||4th IEEE Conference on Automation Science and Engineering, CASE 2008|
|Appears in Collections:||Staff Publications|
Show full item record
Files in This Item:
There are no files associated with this item.
checked on Mar 8, 2018
checked on Mar 12, 2018
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.