Efficient subset selection for the expected opportunity cost

DOI10.1016/j.automatica.2015.06.005zbMath1326.93083OpenAlexW2145286212MaRDI QIDQ894325

Siyang Gao, Wei-Wei Chen

Publication date: 30 November 2015

Published in: Automatica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.automatica.2015.06.005

zbMATH Keywords

subset selectionsimulation optimizationbudget allocationopportunity costoptimal computing budget allocation (OCBA)

Mathematics Subject Classification ID

Convex programming (90C25) Discrete event control/observation systems (93C65) Optimality conditions for free problems in two or more independent variables (49K10)

Related Items (8)

Robust ranking and selection with optimal computing budget allocation ⋮ Simulation budget allocation for simultaneously selecting the best and worst subsets ⋮ An efficient simulation procedure for the expected opportunity cost using metamodels ⋮ Asymptotic optimality of myopic ranking and selection procedures ⋮ Convergence rate analysis for optimal computing budget allocation algorithms ⋮ A New Budget Allocation Framework for the Expected Opportunity Cost ⋮ An efficient simulation procedure for ranking the top simulated designs in the presence of stochastic constraints ⋮ Efficient simulation budget allocation for subset selection using regression metamodels

Cites Work

• Unnamed Item
• Unnamed Item
• Unnamed Item
• The transform likelihood ratio method for rare event simulation with heavy tails
• A model reference adaptive search method for stochastic global optimization
• Simulation budget allocation for further enhancing the efficiency of ordinal optimization
• Selecting the Best Simulated Design With the Expected Opportunity Cost Bound
• A Model Reference Adaptive Search Method for Global Optimization
• A procedure for selecting a subset of size m containing the l best of k independent normal populations, with applications to simulation
• On two-stage selection procedures and related probability-inequalities
• A fully sequential procedure for indifference-zone selection in simulation
• Selection Procedures with Frequentist Expected Opportunity Cost Bounds

This page was built for publication: Efficient subset selection for the expected opportunity cost