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This paper demonstrates that if we intend to optimally rank order n objects (candidates) each of which has m attributes or rank scores awarded by m evaluators, then the ordinal ranking of objects by the conventional principal component based factor scores turns out to be suboptimal. Three...
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viable path. This result allows us to extend the recommendations of the maximin approach beyond optimality, to characterize …
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An optimal design problem is considered for processor-sharing service systems, where the number of customers served simultaneously is limited to a fixed finite number (called multiplicity). The decision variable is the multiplicity and the optimal criterion is to minimize the mean number of...
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