Title :
Using common random numbers for indifference-zone selection
Author_Institution :
Math. Modeling Group, BASF Corp., Mount Olive, NJ, USA
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;
Conference_Titel :
Simulation Conference, 2001. Proceedings of the Winter
Conference_Location :
Arlington, VA
Print_ISBN :
0-7803-7307-3
DOI :
10.1109/WSC.2001.977312
