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Automatica, Vol.46, No.12, 1935-1950, 2010
Computing budget allocation rules for multi-objective simulation models based on different measures of selection quality
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 (C) 2010 Elsevier Ltd All rights reserved
Keywords:Allocation rules;Multi objective;Computing budget allocation;Lagrange relaxation;Measure of selection quality