Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: The indifference-zone (IZ) formulation of ranking and selection (R&S) is the foundation of many procedures that have been useful for choosing the best among a finite number of simulated alternatives. Of course, simulation models are imperfect representations of reality, which means that a simulation-based decision, such as choosing the best alternative, is subject to model risk.   explore the impact of model risk due to input uncertainty on IZ R&S. "Input uncertainty" is the result of having estimated ("fit") the simulation input models to observed real-world data.  find that input uncertainty may force the user to revise, or even abandon, their objectives when employing a R&S procedure, or it may have very little effect on selecting the best system even when the marginal input uncertainty is substantial.
['Eunhye Song', 'Barry L. Nelson', 'L. Jeff Hong']
I am writing a research paper on a idea Input uncertainty and indifference-zone ranking & selection
[{"from": "human", "value": "I am writing a research paper on a idea Input uncertainty and indifference-zone ranking & selection"}, {"from": "gpt", "value": "Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: The indifference-zone (IZ) formulation of ranking and selection (R&S) is the foundation of many procedures that have been useful for choosing the best among a finite number of simulated alternatives. Of course, simulation models are imperfect representations of reality, which means that a simulation-based decision, such as choosing the best alternative, is subject to model risk.   explore the impact of model risk due to input uncertainty on IZ R&S. \"Input uncertainty\" is the result of having estimated (\"fit\") the simulation input models to observed real-world data.  find that input uncertainty may force the user to revise, or even abandon, their objectives when employing a R&S procedure, or it may have very little effect on selecting the best system even when the marginal input uncertainty is substantial."}]