Combined ranking and selection with control variates

Shing Chih Tsai, Barry L Nelson

Research output: Chapter in Book/Report/Conference proceedingConference contribution

1 Scopus citations

Abstract

Nelson and Staum derived R&S procedures that employ control-variate estimators (CVs) instead of sample means to obtain more statistical efficiency. However, control-variate estimators require more computational effort than sample means, and effective controls must be identified. We present a new CV screening procedure to avoid much of the computation cost. We also present a two-stage CV combined procedure which captures the ability to eliminate inferior systems in the first stage and the statistical efficiency of control variates for selection in the second stage. An empirical evaluation is provided.

Original languageEnglish (US)
Title of host publicationProceedings of the 2006 Winter Simulation Conference, WSC
Pages348-355
Number of pages8
DOIs
StatePublished - Dec 1 2006
Event2006 Winter Simulation Conference, WSC - Monterey, CA, United States
Duration: Dec 3 2006Dec 6 2006

Other

Other2006 Winter Simulation Conference, WSC
CountryUnited States
CityMonterey, CA
Period12/3/0612/6/06

ASJC Scopus subject areas

  • Engineering(all)

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