Using common random numbers for indifference-zone selection

Author

Chen, E. Jack

Author_Institution

Math. Modeling Group, BASF Corp., Mount Olive, NJ, USA

Volume

1

fYear

2001

fDate

2001

Firstpage

408

Abstract

The paper discusses the validity of using common random numbers (CRNs) with two-stage selection procedures to improve the possibility of correct selection. It also discusses the intrinsic subset pre-selection of the Enhanced Two-Stage Selection (ETSS) procedure. We propose using CRNs with Y. Rinott´s (1978) two-stage selection and ETSS procedures when the underlying processes satisfy certain conditions. An experimental performance evaluation demonstrates the improvement in the possibility of correct selection of using CRNs with two-stage selection procedures and the intrinsic subset pre-selection of the ETSS procedure

Keywords

discrete event simulation; probability; random processes; CRNs; ETSS procedures; Enhanced Two-Stage Selection procedure; common random numbers; correct selection; experimental performance evaluation; indifference-zone selection; intrinsic subset pre-selection; two-stage selection; two-stage selection procedures; Bayesian methods; Computational modeling; Discrete event simulation; Lifting equipment; Linear matrix inequalities; Mathematical model; Random variables; Sampling methods; Stochastic processes;

fLanguage

English

Publisher

ieee

Conference_Titel

Simulation Conference, 2001. Proceedings of the Winter

Conference_Location

Arlington, VA

Print_ISBN

0-7803-7307-3

Type

conf

DOI

10.1109/WSC.2001.977312

Filename

977312