?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=https%3A%2F%2Fpure.iiasa.ac.at%2Fid%2Feprint%2F5002%2F&rft.title=Asymptotically+Optimal+Allocation+of+Simulation+Experiments+in+Discrete+Stochastic+Optimization&rft.creator=Futschik%2C+A.&rft.creator=Pflug%2C+G.C.&rft.description=Approximate+solutions+for+discrete+stochastic+optimization+problems++are+often+obtained+via+simulation.+It+is+reasonable+to+complement++these+solutions+by+confidence+regions+for+the+argmin-set.+We+address+the+question%2C+how+a+certain+total+number+of+random+draws++should+be+distributed+among+the+set+of+alternatives.+We+propose+a+one-step+allocation+rule+which+turns+out+to+be++asymptotically+optimal+in+the+case+of+normal+errors+for+two+goals%3A+To+minimize+the+costs+caused+by+using+only+an+approximate+solution++and+to+minimize+the+expected+size+of+the+confidence+sets.&rft.publisher=WP-96-023&rft.date=1996-03&rft.type=Monograph&rft.type=NonPeerReviewed&rft.format=text&rft.language=en&rft.identifier=https%3A%2F%2Fpure.iiasa.ac.at%2Fid%2Feprint%2F5002%2F1%2FWP-96-023.pdf&rft.identifier=++Futschik%2C+A.+%26+Pflug%2C+G.C.+%3Chttps%3A%2F%2Fpure.iiasa.ac.at%2Fview%2Fiiasa%2F229.html%3E+ORCID%3A+https%3A%2F%2Forcid.org%2F0000-0001-8215-3550+%3Chttps%3A%2F%2Forcid.org%2F0000-0001-8215-3550%3E++(1996).++Asymptotically+Optimal+Allocation+of+Simulation+Experiments+in+Discrete+Stochastic+Optimization.+++IIASA+Working+Paper.+IIASA%2C+Laxenburg%2C+Austria%3A+WP-96-023+++++