Bi-objective ranking and selection using stochastic kriging

Sebastian Rojas-Gonzalez, Juergen Branke, Inneke Van Nieuwenhuyse

Abstract: Highlights•A stochastic-kriging-based framework for bi-objective ranking and selection.•Two novel resampling criteria allocate budget efficiently.•Two novel screening procedures reduce the computational burden.•Accounting for the noise significantly improves the objective estimates.