Optimal Quantum-Enhanced Interferometry
  We analyze the ultimate bounds on the phase sensitivity of an interferometer, given the constraint that the state input to the interferometer's initial 50:50 beamsplitter $B$ is a product state of the two input modes. Requiring a product state is a natural restriction: if one were allowed to input an arbitrary, entangled two-mode state $|\Xi\rangle$ to the beamsplitter, one could generally just as easily input the state $B|\Xi\rangle$ directly into the two modes after the beamsplitter, thus rendering the beamsplitter unnecessary. We find optimal states for a fixed photon number and for a fixed mean photon number. 
Matthias D. Lang and Carlton M. Caves
quant-ph