Eric A. Applegate

Multi-objective Ranking and Selection: Optimal Sampling Laws and Tractable Approximations via SCORE

  • Eric A. Applegate
  • Guy Feldman
  • Susan R. Hunter
  • Raghu Pasupathy
    • Categories Multi-Criteria Optimization, Optimization of Simulated Systems

    Consider the multi-objective ranking and selection (MORS) problem in which we select the Pareto-optimal set from a finite set of systems evaluated on three or more stochastic objectives. Solving this problem is difficult because we must determine how to allocate a simulation budget among the systems to minimize the probability that any systems are misclassified. … Read more

    An Introduction to Multi-Objective Simulation Optimization

  • Eric A. Applegate
  • Kyle Cooper
  • Susan R. Hunter
  • Oscar Rincon-Guevara
  • Carolina Vivas-Valencia
  • Viplove Arora
  • Bryan Chong
    • Categories Multi-Criteria Optimization, Optimization of Simulated Systems Tags

    The multi-objective simulation optimization (MOSO) problem is a nonlinear multi-objective optimization problem in which multiple simultaneous and conflicting objective functions can only be observed with stochastic error. We provide an introduction to MOSO at the advanced tutorial level, aimed at researchers and practitioners who wish to begin working in this emerging area. Our focus is … Read more