Lehtinen, Aarni - In: Mathematical Methods of Operations Research 46 (1997) 2, pp. 251-261
We first consider the situation in which the decision-maker is allowed to have five choices with purpose to choose exactly the five absolute best candidates fromN applicants. The optimal stopping rule and the maximum probability of making the right five-choice are given for largeN ε<Emphasis Type="Bold">N, the...</emphasis>