Article ID: | iaor2008986 |
Country: | United States |
Volume: | 54 |
Issue: | 1 |
Start Page Number: | 115 |
End Page Number: | 129 |
Publication Date: | Jan 2006 |
Journal: | Operations Research |
Authors: | Nelson Barry L., Hong L. Jeff |
We propose an optimization-via-simulation algorithm, called COMPASS, for use when the performance measure is estimated via a stochastic, discrete-event simulation, and the decision variables are integer ordered. We prove that COMPASS converges to the set of local optimal solutions with probability 1 for both terminating and steady-state simulation, and for both fully constrained problems and partially constrained or unconstrained problems under mild conditions.