ABSTRACT
This paper studies the subset-selection approach of the ranking and selection procedures of choosing among k arbitrary systems or alternatives. Ranking and selection problems have customarily been treated using two different approaches, namely, the indifference-zone approach and the subset-selection approach. An expository survey of indifference-zone approach for selecting the best of k systems has been given in Goldsman (1984a). In this paper, we present a number of fixed-sample-size and sequential procedures based on subset-selection approach.
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- On selecting the best of k systems: an expository survey of subset-selection multinomial procedures
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