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With the formation of the competitive electricity markets in the world, optimization of bidding strategies has become one of the main discussions in studies related to market designing. Market design is challenged by multiple objectives that need to be satisfied. The solution of those...
Persistent link: https://www.econbiz.de/10011556816
Optimization via Simulation (OvS) is an useful optimization tool to find a solution to an optimization problem that is … difficult to model analytically. OvS consists in evaluating potential solutions through simulation executions; however, its high …
Persistent link: https://www.econbiz.de/10012029407
The automatic generation of behavioural models for intelligent agents in military simulation and experimentation …
Persistent link: https://www.econbiz.de/10012129907
days ahead. To solve this dilemma, we present a simulation-based genetic algorithm, which creates a roster with flexible …
Persistent link: https://www.econbiz.de/10014514933
In this paper we explore the use of Genetic Algorithms (GA) to calibrate seasonal BVAR models. In this way, the mechanistic use of seasonal adjustment procedures is avoided, since seasonality becomes a structural, basic and explicit part of the BVAR model. At the same time, the use of GA allows...
Persistent link: https://www.econbiz.de/10014132203
, based on heuristic generation using genetic programming and simulation-based optimization running on a digital twin. Such a …
Persistent link: https://www.econbiz.de/10013339265
makespan required to complete a series of input/output operations. This paper presents a simulation-optimisation algorithm … quality constraints of the selected items. Our hybrid approach combines discrete-event simulation with biased …
Persistent link: https://www.econbiz.de/10014083469
Persistent link: https://www.econbiz.de/10013477730
overwhelming to the existing heuristics. In response, a simulation optimization model concerning each action is first constructed … generated offsprings’ legality. Besides, by integrating RIN structure analysis and the RIN simulation model, this work … customizes a novel network simulation-based procedure (NS procedure) for solution generation to increase the matching degree …
Persistent link: https://www.econbiz.de/10014346469