Ranking and Selection with Simultaneous Input Data Collection

Fuente: arXiv
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Main Authors: Wang, Yuhao, Zhou, Enlu
Format: Preprint
Published: 2025
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author Wang, Yuhao
Zhou, Enlu
author_facet Wang, Yuhao
Zhou, Enlu
contents In this paper, we propose a general and novel formulation of ranking and selection with the existence of streaming input data. The collection of multiple streams of such data may consume different types of resources, and hence can be conducted simultaneously. To utilize the streaming input data, we aggregate simulation outputs generated under heterogeneous input distributions over time to form a performance estimator. By characterizing the asymptotic behavior of the performance estimators, we formulate two optimization problems to optimally allocate budgets for collecting input data and running simulations. We then develop a multi-stage simultaneous budget allocation procedure and provide its statistical guarantees such as consistency and asymptotic normality. We conduct several numerical studies to demonstrate the competitive performance of the proposed procedure.
format Preprint
id arxiv_https___arxiv_org_abs_2503_11773
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Ranking and Selection with Simultaneous Input Data Collection
Wang, Yuhao
Zhou, Enlu
Machine Learning
Optimization and Control
In this paper, we propose a general and novel formulation of ranking and selection with the existence of streaming input data. The collection of multiple streams of such data may consume different types of resources, and hence can be conducted simultaneously. To utilize the streaming input data, we aggregate simulation outputs generated under heterogeneous input distributions over time to form a performance estimator. By characterizing the asymptotic behavior of the performance estimators, we formulate two optimization problems to optimally allocate budgets for collecting input data and running simulations. We then develop a multi-stage simultaneous budget allocation procedure and provide its statistical guarantees such as consistency and asymptotic normality. We conduct several numerical studies to demonstrate the competitive performance of the proposed procedure.
title Ranking and Selection with Simultaneous Input Data Collection
topic Machine Learning
Optimization and Control
url https://arxiv.org/abs/2503.11773