Universal Alignment Probabilities and Subset Selection for Ordinal Optimization 1

نویسندگان

  • T. W. Edward Lau
  • Y. C. Ho
چکیده

We examine in this paper the subset selection procedure in the context of ordinal optimization introduced in [1]. Major concepts including goal softening, selection subset, alignment probability and ordered performance curve are formally introduced. A two-parameter model is devised to calculate alignment probabilities for a wide range of cases using two di erent selection rules: Blind Pick and Horse Race. Our major result includes the suggestion of quanti able subset selection sizes which are universally applicable to many simulation and modeling problems, as demonstrated by the examples in this paper.

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تاریخ انتشار 1997