This is the third part of the work to select measurements / measurement combination for selfoptimizing control. It uses aberage loss as the criterion instead of the worst case loss presented in the second part.
Bidirection branch and bound (B3) is a very efficient BAB algorithm. In the first two parts, we developed b3msv and b3wc algorithms for minimum singular value and worst case loss.
V. Kariwala and Y. Cao, Bidirectional Branch and Bound for Controlled Variable Selection: Part III. Local Average Loss Minimization, IEEE Transactions on Industrial Informatics, Vol. 6, No. 1, pp. 54—61, 2010.