Simulation Modeling and Analysis
Simulation Modeling and Analysis
Simulation Budget Allocation for Further Enhancing theEfficiency of Ordinal Optimization
Discrete Event Dynamic Systems
Comparisons with a Standard in Simulation Experiments
Management Science
Using Ordinal Optimization Approach to Improve Efficiency of Selection Procedures
Discrete Event Dynamic Systems
Comparison with a standard via fully sequential procedures
ACM Transactions on Modeling and Computer Simulation (TOMACS)
Comparison with a Standard via All-Pairwise Comparisons
Discrete Event Dynamic Systems
New developments in ranking and selection: an empirical comparison of the three main approaches
WSC '05 Proceedings of the 37th conference on Winter simulation
Using parallel and distributed computing to increase the capability of selection procedures
WSC '05 Proceedings of the 37th conference on Winter simulation
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We investigate the performance of a heuristic sequential procedure to compare a finite number of designs with respect to a single standard. The goal is to identify the best design, and if the chosen best design is not the standard, to determine whether the chosen best design is better than the standard. We give preferential status to the standard because there are costs and time involved in replacing the standard. We accomplish this goal by extending indifference-zone selection procedures. An experimental performance evaluation demonstrates the validity and efficiency of our sequential procedures.