In this paper we develop a methodology for defining stopping rules in a general class of global random search algorithms that are based on the use of statistical procedures. To bu...
One use of simulation is to inform decision makers that seek to select the best of several alternative systems. The system with the highest (or lowest) mean value for simulation o...
This tutorial discusses some statistical procedures for selecting the best of a number of competing systems. The term "best" may refer to that simulated system having, s...