Evolutionary and Memetic Computing for Project Portfolio Selection and Scheduling

Evolutionary and Memetic Computing for Project Portfolio Selection and Scheduling PDF Author: Kyle Robert Harrison
Publisher: Springer Nature
ISBN: 3030883159
Category : Technology & Engineering
Languages : en
Pages : 218

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Book Description
This book consists of eight chapters, authored by distinguished researchers and practitioners, that highlight the state of the art and recent trends in addressing the project portfolio selection and scheduling problem (PPSSP) across a variety of domains, particularly defense, social programs, supply chains, and finance. Many organizations face the challenge of selecting and scheduling a subset of available projects subject to various resource and operational constraints. In the simplest scenario, the primary objective for an organization is to maximize the value added through funding and implementing a portfolio of projects, subject to the available budget. However, there are other major difficulties that are often associated with this problem such as qualitative project benefits, multiple conflicting objectives, complex project interdependencies, workforce and manufacturing constraints, and deep uncertainty regarding project costs, benefits, and completion times. It is well known that the PPSSP is an NP-hard problem and, thus, there is no known polynomial-time algorithm for this problem. Despite the complexity associated with solving the PPSSP, many traditional approaches to this problem make use of exact solvers. While exact solvers provide definitive optimal solutions, they quickly become prohibitively expensive in terms of computation time when the problem size is increased. In contrast, evolutionary and memetic computing afford the capability for autonomous heuristic approaches and expert knowledge to be combined and thereby provide an efficient means for high-quality approximation solutions to be attained. As such, these approaches can provide near real-time decision support information for portfolio design that can be used to augment and improve existing human-centric strategic decision-making processes. This edited book provides the reader with a broad overview of the PPSSP, its associated challenges, and approaches to addressing the problem using evolutionary and memetic computing.

Evolutionary and Memetic Computing for Project Portfolio Selection and Scheduling

Evolutionary and Memetic Computing for Project Portfolio Selection and Scheduling PDF Author: Kyle Robert Harrison
Publisher: Springer Nature
ISBN: 3030883159
Category : Technology & Engineering
Languages : en
Pages : 218

Get Book Here

Book Description
This book consists of eight chapters, authored by distinguished researchers and practitioners, that highlight the state of the art and recent trends in addressing the project portfolio selection and scheduling problem (PPSSP) across a variety of domains, particularly defense, social programs, supply chains, and finance. Many organizations face the challenge of selecting and scheduling a subset of available projects subject to various resource and operational constraints. In the simplest scenario, the primary objective for an organization is to maximize the value added through funding and implementing a portfolio of projects, subject to the available budget. However, there are other major difficulties that are often associated with this problem such as qualitative project benefits, multiple conflicting objectives, complex project interdependencies, workforce and manufacturing constraints, and deep uncertainty regarding project costs, benefits, and completion times. It is well known that the PPSSP is an NP-hard problem and, thus, there is no known polynomial-time algorithm for this problem. Despite the complexity associated with solving the PPSSP, many traditional approaches to this problem make use of exact solvers. While exact solvers provide definitive optimal solutions, they quickly become prohibitively expensive in terms of computation time when the problem size is increased. In contrast, evolutionary and memetic computing afford the capability for autonomous heuristic approaches and expert knowledge to be combined and thereby provide an efficient means for high-quality approximation solutions to be attained. As such, these approaches can provide near real-time decision support information for portfolio design that can be used to augment and improve existing human-centric strategic decision-making processes. This edited book provides the reader with a broad overview of the PPSSP, its associated challenges, and approaches to addressing the problem using evolutionary and memetic computing.

Intelligent Data Engineering and Automated Learning – IDEAL 2015

Intelligent Data Engineering and Automated Learning – IDEAL 2015 PDF Author: Konrad Jackowski
Publisher: Springer
ISBN: 3319248340
Category : Computers
Languages : en
Pages : 580

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Book Description
This book constitutes the refereed proceedings of the 16th International Conference on Intelligent Data Engineering and Automated Learning, IDEAL 2015, held in Wroclaw, Poland, in October 2015. The 64 revised full papers presented were carefully reviewed and selected from 127 submissions. These papers provided a valuable collection of recent research outcomes in data engineering and automated learning, from methodologies, frameworks, and techniques to applications. In addition to various topics such as evolutionary algorithms, neural networks, probabilistic modeling, swarm intelligent, multi-objective optimization, and practical applications in regression, classification, clustering, biological data processing, text processing, video analysis, IDEAL 2015 also featured a number of special sessions on several emerging topics such as computational intelligence for optimization of communication networks, discovering knowledge from data, simulation-driven DES-like modeling and performance evaluation, and intelligent applications in real-world problems.

Nature-Inspired Informatics for Intelligent Applications and Knowledge Discovery: Implications in Business, Science, and Engineering

Nature-Inspired Informatics for Intelligent Applications and Knowledge Discovery: Implications in Business, Science, and Engineering PDF Author: Chiong, Raymond
Publisher: IGI Global
ISBN: 1605667064
Category : Education
Languages : en
Pages : 449

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Book Description
Recently, nature has stimulated many successful techniques, algorithms, and computational applications allowing conventionally difficult problems to be solved through novel computing systems. Nature-Inspired Informatics for Intelligent Applications and Knowledge Discovery: Implications in Business, Science, and Engineering provides the latest findings in nature-inspired algorithms and their applications for breakthroughs in a wide range of disciplinary fields. This defining reference collection contains chapters written by leading researchers and well-known academicians within the field, offering readers a valuable and enriched accumulation of knowledge.

Metaheuristics

Metaheuristics PDF Author: Karl F. Doerner
Publisher: Springer Science & Business Media
ISBN: 0387719210
Category : Mathematics
Languages : en
Pages : 409

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Book Description
This book’s aim is to provide several different kinds of information: a delineation of general metaheuristics methods, a number of state-of-the-art articles from a variety of well-known classical application areas as well as an outlook to modern computational methods in promising new areas. Therefore, this book may equally serve as a textbook in graduate courses for students, as a reference book for people interested in engineering or social sciences, and as a collection of new and promising avenues for researchers working in this field.

Construct, Merge, Solve & Adapt

Construct, Merge, Solve & Adapt PDF Author: Christian Blum
Publisher: Springer Nature
ISBN: 3031601033
Category :
Languages : en
Pages : 202

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Book Description


Automated Design of Machine Learning and Search Algorithms

Automated Design of Machine Learning and Search Algorithms PDF Author: Nelishia Pillay
Publisher: Springer Nature
ISBN: 3030720691
Category : Computers
Languages : en
Pages : 187

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Book Description
This book presents recent advances in automated machine learning (AutoML) and automated algorithm design and indicates the future directions in this fast-developing area. Methods have been developed to automate the design of neural networks, heuristics and metaheuristics using techniques such as metaheuristics, statistical techniques, machine learning and hyper-heuristics. The book first defines the field of automated design, distinguishing it from the similar but different topics of automated algorithm configuration and automated algorithm selection. The chapters report on the current state of the art by experts in the field and include reviews of AutoML and automated design of search, theoretical analyses of automated algorithm design, automated design of control software for robot swarms, and overfitting as a benchmark and design tool. Also covered are automated generation of constructive and perturbative low-level heuristics, selection hyper-heuristics for automated design, automated design of deep-learning approaches using hyper-heuristics, genetic programming hyper-heuristics with transfer knowledge and automated design of classification algorithms. The book concludes by examining future research directions of this rapidly evolving field. The information presented here will especially interest researchers and practitioners in the fields of artificial intelligence, computational intelligence, evolutionary computation and optimisation.

Optimization Modelling

Optimization Modelling PDF Author: Ruhul Amin Sarker
Publisher: CRC Press
ISBN: 1420043110
Category : Business & Economics
Languages : en
Pages : 504

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Book Description
Although a useful and important tool, the potential of mathematical modelling for decision making is often neglected. Considered an art by many and weird science by some, modelling is not as widely appreciated in problem solving and decision making as perhaps it should be. And although many operations research, management science, and optimization

Design of Intelligent Systems Based on Fuzzy Logic, Neural Networks and Nature-Inspired Optimization

Design of Intelligent Systems Based on Fuzzy Logic, Neural Networks and Nature-Inspired Optimization PDF Author: Patricia Melin
Publisher: Springer
ISBN: 3319177478
Category : Technology & Engineering
Languages : en
Pages : 612

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Book Description
This book presents recent advances on the design of intelligent systems based on fuzzy logic, neural networks and nature-inspired optimization and their application in areas such as, intelligent control and robotics, pattern recognition, time series prediction and optimization of complex problems. The book is organized in eight main parts, which contain a group of papers around a similar subject. The first part consists of papers with the main theme of theoretical aspects of fuzzy logic, which basically consists of papers that propose new concepts and algorithms based on fuzzy systems. The second part contains papers with the main theme of neural networks theory, which are basically papers dealing with new concepts and algorithms in neural networks. The third part contains papers describing applications of neural networks in diverse areas, such as time series prediction and pattern recognition. The fourth part contains papers describing new nature-inspired optimization algorithms. The fifth part presents diverse applications of nature-inspired optimization algorithms. The sixth part contains papers describing new optimization algorithms. The seventh part contains papers describing applications of fuzzy logic in diverse areas, such as time series prediction and pattern recognition. Finally, the eighth part contains papers that present enhancements to meta-heuristics based on fuzzy logic techniques.

Multi-Objective Optimization using Evolutionary Algorithms

Multi-Objective Optimization using Evolutionary Algorithms PDF Author: Kalyanmoy Deb
Publisher: John Wiley & Sons
ISBN: 9780471873396
Category : Mathematics
Languages : en
Pages : 540

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Book Description
Optimierung mit mehreren Zielen, evolutionäre Algorithmen: Dieses Buch wendet sich vorrangig an Einsteiger, denn es werden kaum Vorkenntnisse vorausgesetzt. Geboten werden alle notwendigen Grundlagen, um die Theorie auf Probleme der Ingenieurtechnik, der Vorhersage und der Planung anzuwenden. Der Autor gibt auch einen Ausblick auf Forschungsaufgaben der Zukunft.

Portfolio Rebalancing

Portfolio Rebalancing PDF Author: Edward E. Qian
Publisher: CRC Press
ISBN: 1498732453
Category : Mathematics
Languages : en
Pages : 263

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Book Description
The goal of Portfolio Rebalancing is to provide mathematical and empirical analysis of the effects of portfolio rebalancing on portfolio returns and risks. The mathematical analysis answers the question of when and why fixed-weight portfolios might outperform buy-and-hold portfolios based on volatilities and returns. The empirical analysis, aided by mathematical insights, will examine the effects of portfolio rebalancing in capital markets for asset allocation portfolios and portfolios of stocks, bonds, and commodities.