Constrained Optimization in Simulation: a Novel Approach

ThispaperpresentsanovelheuristicforconstrainedoptimizationofrandomcomputersimulationmodelsinwhichoneofthesimulationoutputsisselectedastheobjectivetobeminimizedwhiletheotheroutputsneedtosatisfyprespeciˉedtargetvaluesBesidesthesimulationoutputsthesimulationinputsmustmeetprespeciˉe