Title
Selecting The Best System Using Transient Means With Sequential Sampling Constraints
Abstract
The objective of this research to develop an efficient ranking and selection (Ru0026S) procedure for selecting the best system when its transient mean value is used as the performance measure. In this research, the true underlying mean of each system is not constant but is a function of a discrete index such as observation number or discretely sampled time. This problem is motivated by using simulation to compare the multiple configurations in order to select the configuration with best performance after certain amount of time. For example, selecting the best prototype whose performance is measured by its reliability after a certain amount of time in new product development. Another motivating example can be found in a queuing system that is initially empty and idle. Suppose that we are interested in finding the best configuration of this queuing system such that the waiting time of the 20 th customer can be minimized, before the steady state of the system is reached. In this example, the underlying mean of the system is a function of observation number while the discrete index is time in the new product development example.
Year
Venue
Field
2017
2017 13TH IEEE CONFERENCE ON AUTOMATION SCIENCE AND ENGINEERING (CASE)
Sequential sampling,Resource management,Mathematical optimization,Mean value,Ranking,Computer science,Idle,Steady state,Queue management system,New product development
DocType
ISSN
Citations 
Conference
2161-8070
0
PageRank 
References 
Authors
0.34
0
1
Name
Order
Citations
PageRank
Hui Xiao1296.96