Strategic Planning Optimization Using Tabu Search Algorithm
In this paper we introduce a method for optimisation of strategic tasks using an approximation algorithm. We propose the mathematical model and algorithm for solving this problem near optimality. An overall motivation for the development of the proposed algorithm is discussed with detailed e ciency analysis. From the end users' perspective the proposed method has practical application because it can be used in several practical use cases.
Facility location decisions play a prominent role in strategic planning of many firms, companies and governmental organizations. Since in many real-world facility location problems, the data are subject to uncertainty, in this paper, we consider the P-center problem under uncertainty of demands. Using Bertsimas and Sim approach, we develop a robust model of the problem as an integer programming...متن کامل
The dynamic and non-hierarchical nature of the military domain presents a challenge for traditional supply chain optimization. Flow networks and simulation techniques have been applied to the military distribution problem, but are unable to provide time-definite delivery to customers. Recently, optimization approaches have been independently applied towards strategic and operational levels of p...متن کامل
Optimal expansion of medium-voltage power networks is a common issue in electrical distribution planning. Minimizing total cost of the objective function with technical constraints and reliability limits, make it a combinatorial problem which should be solved by optimization algorithms. This paper presents a new hybrid simulated annealing and tabu search algorithm for distribution network expan...متن کامل
Comparison of particle swarm optimization and tabu search algorithms for portfolio selection problem
Using Metaheuristics models and Evolutionary Algorithms for solving portfolio problem has been considered in recent years.In this study, by using particles swarm optimization and tabu search algorithms we optimized two-sided risk measures . A standard exact penalty function transforms the considered portfolio selection problem into an equivalent unconstrained minimization problem. And in final...متن کامل
Tabu search has achieved widespread successes in solving practical optimization problems. Applications are rapidly growing in areas such as resource management, process design, logistics, technology planning, and general combinatorial optimization. Hybrids with other procedures, both heuristic and algorithmic, have also produced productive results. We examine some of the principal features of t...متن کامل