We present a simulation run allocation scheme for improving efficiency in simulation experiments for decision making under uncertainty. This scheme is called Optimal Computing Budget Allocation (OCBA). OCBA advances the state-of-the-art by intelligently allocating a computing budget to the candidate alternatives under evaluation. The basic idea is to spend less computational effort on simulating non-critical alternatives to save computation cost. In particular, OCBA is employed to intelligently provide the smallest number of simulation runs for a desired accuracy. In this paper, we present a new and more general OCBA scheme which can consider cases that users are interested not only the best design, but also any one in a good design set. In...
Given thousands of flights in a capacity-limited airspace, finding optimal scheduling strategies tha...
Simulation is widely used to identify the best of a finite set of proposed systems, where 'best' is ...
Ranking and selection procedures are standard methods for selecting the best of a finite number of s...
Simulation is a popular tool for decision making. However, simulation efficiency is still a big conc...
Discrete-event systems (DES) simulation is a popular tool for analyzing systems and evaluating decis...
The methodology based on computing budget allocation is an effective tool in solving the problem of ...
Ordinal Optimization offers an efficient approach for simulation optimization by focusing on ranking...
Ordinal Optimization has emerged as an efficient technique for simulation and optimization. Exponent...
Simulation optimization has received considerable attention due to the increased growth of manufactu...
Selecting a subset of the best solutions among large-scale problems is an important area of research...
In the context of aerospace engineering, the optimization of processes may often require to solve mu...
To efficiently balance traffic demand and capacity, optimization of air traffic management relies on...
10.1109/CoASE.2012.6386330IEEE International Conference on Automation Science and Engineering230-23
AbstractAir traffic flow management (ATFM) is a collaborative process between the airspace provider ...
This paper proposes a bound-based simulation budget allocation (BSBA) procedure for solving ranking ...
Given thousands of flights in a capacity-limited airspace, finding optimal scheduling strategies tha...
Simulation is widely used to identify the best of a finite set of proposed systems, where 'best' is ...
Ranking and selection procedures are standard methods for selecting the best of a finite number of s...
Simulation is a popular tool for decision making. However, simulation efficiency is still a big conc...
Discrete-event systems (DES) simulation is a popular tool for analyzing systems and evaluating decis...
The methodology based on computing budget allocation is an effective tool in solving the problem of ...
Ordinal Optimization offers an efficient approach for simulation optimization by focusing on ranking...
Ordinal Optimization has emerged as an efficient technique for simulation and optimization. Exponent...
Simulation optimization has received considerable attention due to the increased growth of manufactu...
Selecting a subset of the best solutions among large-scale problems is an important area of research...
In the context of aerospace engineering, the optimization of processes may often require to solve mu...
To efficiently balance traffic demand and capacity, optimization of air traffic management relies on...
10.1109/CoASE.2012.6386330IEEE International Conference on Automation Science and Engineering230-23
AbstractAir traffic flow management (ATFM) is a collaborative process between the airspace provider ...
This paper proposes a bound-based simulation budget allocation (BSBA) procedure for solving ranking ...
Given thousands of flights in a capacity-limited airspace, finding optimal scheduling strategies tha...
Simulation is widely used to identify the best of a finite set of proposed systems, where 'best' is ...
Ranking and selection procedures are standard methods for selecting the best of a finite number of s...