arrow
Return

Stochastic optimization using grey wolf optimization with optimal computing budget allocation

delete2021-05-01
delete38
PRE
AI
Y
Yaping Fu
H
Hui Xiao *
L
Loo Hay Lee
M
Min Huang
DOI:10.1016/j.asoc.2021.107154delete
deleteOriginal
deleteOriginal request for help
deleteShare
deleteSave
Abstract

Abstract

En 中文
Stochastic optimization problems exist widely in many manufacturing and service systems. Due to the stochastic nature, these problems usually have no analytical solutions and are difficult to solve. This research proposes a hybrid approach that integrates the grey wolf optimization algorithm and the simulation optimization framework. In this hybrid approach, the grey wolf optimization algorithm is used to search for candidate solutions from the solution space, while the simulation helps the algorithm to identify the desired solutions such that the search is guided to more promising regions. To enhance the efficiency of simulation, this work designs a computing budget allocation rule that helps the grey wolf optimization algorithm to select the elite candidate solutions in each iteration. The proposed computing budget allocation rule is then integrated with the grey wolf optimization algorithm to solve stochastic optimization problems. Numerical experiments confirm that the proposed computing budget allocation rule performs better than extant allocation rules, and can find the better solution for stochastic optimization problems using fewer iterations by integration with the grey wolf optimization algorithm. (C) 2021 Elsevier B.V. All rights reserved.
Keywords:
Simulation optimization
Grey wolf optimization
Optimal computing budget allocation
Evolutionary search algorithms
AI Summary

AI Summary

Key information extracted from the uploaded paper, including a brief overview, abstract, background, key highlights, visual analysis, and future outlook.

Journal

Applied Soft Computing cover
Applied Soft Computing
IF:
6.6
Papers:
1.4W
Citations:
4.8W

Organization

S
southwestern university of finance & economics - china
Scholars:
3.0K
Papers: 3.4K
Citations: 4
Q
Qingdao University
Scholars:
3.1W
Papers: 2.1W
Citations: 3.7W
N
northeastern university - china
Scholars:
3.2W
Papers: 2.7W
Citations: 37
N
National University of Singapore
Scholars:
7.6W
Papers: 6.5W
Citations: 11.4W
researcher View more organizations
Cited Papers

Cited Papers

Binary Grey Wolf Optimizer for large scale unit commitment problem
err2018-02-01
err123
PREAI
errPanwar, Lokesh Kumar; Reddy, Srikanth K.; Verma, Ashu; Panigrahi, B. K.; Kumar, Rajesh
errShare
errSave
Approximate Simulation Budget Allocation for Subset Ranking
err2017-01-01
err15
PREAI
errZhang, JunQi; Li, ZeZhou; Wang, Cheng; Zang, Di; Zhou, MengChu
errShare
errSave
Grey Wolf Optimizer
err2014-03-01
err1.3W
PREAI
errMirjalili, Seyedali; Mirjalili, Seyed Mohammad; Lewis, Andrew
errShare
errSave
Agomelatina: fallo hepático fulminante en paciente con hígado graso
err2014-02-01
err0
PREAI
errFernando Gruz; Sebastián Raffa; Claudia Santucci; Rosa Maria Papale; María Grazia Videla; María Gimena Fernández; Silvina Yantorno; Valeria I. Descalzi
errShare
errSave
Robust ranking and selection with optimal computing budget allocation
err2017-07-01
err39
errOAAI
errGao, Siyang; Xiao, Hui; Zhou, Enlu; Chen, Weiwei
errShare
errSave
Optimal Computing Budget Allocation for Particle Swarm Optimization in Stochastic Optimization
err2017-04-01
err44
errOAAI
errZhang, Si; Xu, Jie; Lee, Loo Hay; Chew, Ek Peng; Wong, Wai Peng; Chen, Chun-Hung
errShare
errSave
errShare
errSave
researcher View more