Mohammad H. Almomani and Rosmanjawati Abdul Rahman
The Effect of Increment in Simulation Samples on a Combined Selection Procedure
187 - 191
2011
5
2
International Journal of Mathematical and Computational Sciences
https://publications.waset.org/pdf/6145
https://publications.waset.org/vol/50
World Academy of Science, Engineering and Technology
Statistical selection procedures are used to select the
best simulated system from a finite set of alternatives. In this paper,
we present a procedure that can be used to select the best system
when the number of alternatives is large. The proposed procedure
consists a combination between Ranking and Selection, and Ordinal
Optimization procedures. In order to improve the performance of Ordinal
Optimization, Optimal Computing Budget Allocation technique
is used to determine the best simulation lengths for all simulation
systems and to reduce the total computation time. We also argue
the effect of increment in simulation samples for the combined
procedure. The results of numerical illustration show clearly the effect
of increment in simulation samples on the proposed combination of
selection procedure.
Open Science Index 50, 2011