Reservoir flood control operation (RFCO) is a complex problem because it needs to consider multiple objectives and a large number of constraints. Traditional methods usually convert multiple objectives into a single objective to solve, using weighted methods or constrained methods. In this...

The present paper demonstrates the applicability of population based search optimization method, namely, Differential Evolution (DE) to a case study of Mahi Bajaj Sagar Project (MBSP), India. Ten different strategies of DE are employed to assess the ability of DE for solving higher dimensional...

This paper proposes a penalty based differential evolution (P-DE) for extracting the parameters of solar photovoltaic (PV) modules at different environmental conditions. The two diode model of a solar cell is used as the basis for the extraction problem. The analyses carried out using synthetic...

This paper studies the simultaneous dock assignment and sequencing of inbound trucks for a multi-door cross docking operation with the objective to minimize total weighted tardiness, under a fixed outbound truck departure schedule. The problem is newly formulated and solved by six different...

Optimal control of dynamic econometric models has a wide variety of applications including economic policy relevant issues. There are several algorithms extending the basic case of a linear-quadratic optimization and taking nonlinearity and stochastics into account, but being still limited in a...

Zellner and Revankar in their paper “Generalized Production Functions” introduced a production function, which was illustrated by fitting the generalized Cobb-Douglas function to the U.S. data for Transportation Equipment Industry. For estimating the production function, they used a method...

This paper proposes two adaptations to DynDE, a differential evolution-based algorithm for solving dynamic optimization problems. The first adapted algorithm, Competitive Population Evaluation (CPE), is a multi-population DE algorithm aimed at locating optima faster in the dynamic environment....

The classical Differential Evolution (DE) algorithm, one of population-based Evolutionary Computation methods, proved to be a successful approach for relatively simple problems, but does not perform well for difficult multi-dimensional non-convex functions. A number of significant modifications...

We introduce a novel criterion for performance measure combination designed to be used as an equity screening algorithm. The proposed approach follows the general idea of linearly combining existing performance measures with positive weights and the combination weights are determined by means of...

Index tracking aims at determining an optimal portfolio that replicates the performance of an index or benchmark by investing in a smaller number of constituents or assets. The tracking portfolio should be cheap to maintain and update, i.e., invest in a smaller number of constituents than the...