Optimization over a finite number of system designs with one-stage sampling and multiple comparisons with the best.

Jason C. Hsu Barry L. Nelson

Published in: WSC (1988)

Keyphrases

finite number
quasiconvex
fixed number
convex sets
extreme points
arbitrarily close
optimization algorithm
multiple objects
random sampling
optimization process
average cost
discrete optimization
multiple stages
probabilistic model
design principles
optimization methods