@inproceedings{hen21,
	abstract = {I provide some perspectives on simulation
optimization. First, more attention should be devoted to the
finite-time performance of solvers than on ensuring convergence
properties that may only arise in asymptotic time scales that may
never be reached in practice. Both analytical results and computational
experiments can further this goal. Second, so-called sample-path
functions can exhibit extremely complex behavior that is well worth
understanding in selecting a solver and its parameters. Third, I
advocate the use of a layered approach to formulating and solving
optimization problems, whereby a sequence of models are built and
optimized, rather than first building a simulation model and only
later ``bolting on'' optimization.
},
	address = {Piscataway {NJ}},
	author = {Shane G. Henderson},
	booktitle = {Proceedings of the 2021 Winter Simulation Conference},
	date-added = {2021-04-21 17:21:39 -0400},
	date-modified = {2022-05-20 13:02:56 -0400},
	editor = {S. Kim and B. Feng and K. Smith and S. Masoud and Z. Zheng and C. Szabo and M. Loper},
	organization = {IEEE},
	title = {Reflections on Simulation Optimization},
	url = {https://www.informs-sim.org/wsc21papers/001.pdf},
	year = {2021},
	bdsk-url-1 = {https://www.informs-sim.org/wsc21papers/001.pdf}}

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