Recent advances in ranking and selection
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This tutorial provides an overview on recent advances made in ranking and selection (R&S) for selecting the best simulated system and discusses challenges that still exist in the field. We focus on indifference-zone R&S procedures that provide a guaranteed probability of correct selection when the best system is at least a user-specified amount better than the other systems.
Published in:
Simulation Conference, 2007 Winter
Date of Conference: 9-12 Dec. 2007