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.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.