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The traditional approach in ranking and selection procedures is to compare simulated systems based on the mean performance of a metric of interest. The system with the largest (or smallest) mean performance is deemed as the best system. However, the system with the best mean performance may be an undesirable choice because of its large variance. Variance is a measure of risk. A highly variable system...
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.