Abstract:
We give a tutorial introduction to simulation optimization. We begin by classifying the problem setting according to the decision variables and constraints, putting the s...Show MoreMetadata
Abstract:
We give a tutorial introduction to simulation optimization. We begin by classifying the problem setting according to the decision variables and constraints, putting the setting in the simulation context, and then summarize the main approaches to simulation optimization. We then discuss three topics in more depth: optimal computing budget allocation, stochastic gradient estimation, and the nested partitions method. We conclude by briefly discussing some related research and currently available simulation optimization software.
Published in: 2008 Winter Simulation Conference
Date of Conference: 07-10 December 2008
Date Added to IEEE Xplore: 30 December 2008
ISBN Information: