Evaluation of bi-Pass for Parallel Simulation Optimization

Cheap parallel computing has greatly extended the reach of ranking & selection (R&S) for simulation optimization. In this paper we present an evaluation of bi-PASS, a R&S procedure created specifically for parallel implementation and very large numbers of system designs. We compare bi-PASS to the state-of-the-art Good Selection Procedure and an easy-to-implement subset selection procedure. This is one of the few papers to consider both computational and statistical comparison of parallel R&S procedures.