Metaheuristics for Business Analytics

Metaheuristics for Business Analytics
Author: Abraham Duarte
Publisher: Springer
Total Pages: 142
Release: 2017-11-24
Genre: Business & Economics
ISBN: 3319681192

This essential metaheuristics tutorial provides descriptions and practical applications in the area of business analytics. It addresses key problems in predictive and prescriptive analysis, while also illustrating how problems that arise in business analytics can be modelled and how metaheuristics can be used to find high-quality solutions. Readers will be introduced to decision-making problems for which metaheuristics offer the most effective solution technique. The book not only shows business problem modelling on a spreadsheet but also how to design and create a Visual Basic for Applications code. Extra Material can be downloaded at http://extras.springer.com/978-3-319-68117-7.

Handbook of Metaheuristics

Handbook of Metaheuristics
Author: Michel Gendreau
Publisher: Springer
Total Pages: 611
Release: 2018-09-20
Genre: Business & Economics
ISBN: 3319910868

The third edition of this handbook is designed to provide a broad coverage of the concepts, implementations, and applications in metaheuristics. The book’s chapters serve as stand-alone presentations giving both the necessary underpinnings as well as practical guides for implementation. The nature of metaheuristics invites an analyst to modify basic methods in response to problem characteristics, past experiences, and personal preferences, and the chapters in this handbook are designed to facilitate this process as well. This new edition has been fully revised and features new chapters on swarm intelligence and automated design of metaheuristics from flexible algorithm frameworks. The authors who have contributed to this volume represent leading figures from the metaheuristic community and are responsible for pioneering contributions to the fields they write about. Their collective work has significantly enriched the field of optimization in general and combinatorial optimization in particular.Metaheuristics are solution methods that orchestrate an interaction between local improvement procedures and higher level strategies to create a process capable of escaping from local optima and performing a robust search of a solution space. In addition, many new and exciting developments and extensions have been observed in the last few years. Hybrids of metaheuristics with other optimization techniques, like branch-and-bound, mathematical programming or constraint programming are also increasingly popular. On the front of applications, metaheuristics are now used to find high-quality solutions to an ever-growing number of complex, ill-defined real-world problems, in particular combinatorial ones. This handbook should continue to be a great reference for researchers, graduate students, as well as practitioners interested in metaheuristics.

Cognitive Big Data Intelligence with a Metaheuristic Approach

Cognitive Big Data Intelligence with a Metaheuristic Approach
Author: Sushruta Mishra
Publisher: Academic Press
Total Pages: 374
Release: 2021-11-09
Genre: Computers
ISBN: 0323851185

Cognitive Big Data Intelligence with a Metaheuristic Approach presents an exact and compact organization of content relating to the latest metaheuristics methodologies based on new challenging big data application domains and cognitive computing. The combined model of cognitive big data intelligence with metaheuristics methods can be used to analyze emerging patterns, spot business opportunities, and take care of critical process-centric issues in real-time. Various real-time case studies and implemented works are discussed in this book for better understanding and additional clarity. This book presents an essential platform for the use of cognitive technology in the field of Data Science. It covers metaheuristic methodologies that can be successful in a wide variety of problem settings in big data frameworks. - Provides a unique opportunity to present the work on the state-of-the-art of metaheuristics approach in the area of big data processing developing automated and intelligent models - Explains different, feasible applications and case studies where cognitive computing can be successfully implemented in big data analytics using metaheuristics algorithms - Provides a snapshot of the latest advances in the contribution of metaheuristics frameworks in cognitive big data applications to solve optimization problems

Meta-Heuristics Optimization Algorithms in Engineering, Business, Economics, and Finance

Meta-Heuristics Optimization Algorithms in Engineering, Business, Economics, and Finance
Author: Vasant, Pandian M.
Publisher: IGI Global
Total Pages: 735
Release: 2012-09-30
Genre: Computers
ISBN: 1466620870

Optimization techniques have developed into a significant area concerning industrial, economics, business, and financial systems. With the development of engineering and financial systems, modern optimization has played an important role in service-centered operations and as such has attracted more attention to this field. Meta-heuristic hybrid optimization is a newly development mathematical framework based optimization technique. Designed by logicians, engineers, analysts, and many more, this technique aims to study the complexity of algorithms and problems. Meta-Heuristics Optimization Algorithms in Engineering, Business, Economics, and Finance explores the emerging study of meta-heuristics optimization algorithms and methods and their role in innovated real world practical applications. This book is a collection of research on the areas of meta-heuristics optimization algorithms in engineering, business, economics, and finance and aims to be a comprehensive reference for decision makers, managers, engineers, researchers, scientists, financiers, and economists as well as industrialists.

Metaheuristic Optimization: Nature-Inspired Algorithms Swarm and Computational Intelligence, Theory and Applications

Metaheuristic Optimization: Nature-Inspired Algorithms Swarm and Computational Intelligence, Theory and Applications
Author: Modestus O. Okwu
Publisher: Springer Nature
Total Pages: 192
Release: 2020-11-13
Genre: Technology & Engineering
ISBN: 3030611116

This book exemplifies how algorithms are developed by mimicking nature. Classical techniques for solving day-to-day problems is time-consuming and cannot address complex problems. Metaheuristic algorithms are nature-inspired optimization techniques for solving real-life complex problems. This book emphasizes the social behaviour of insects, animals and other natural entities, in terms of converging power and benefits. Major nature-inspired algorithms discussed in this book include the bee colony algorithm, ant colony algorithm, grey wolf optimization algorithm, whale optimization algorithm, firefly algorithm, bat algorithm, ant lion optimization algorithm, grasshopper optimization algorithm, butterfly optimization algorithm and others. The algorithms have been arranged in chapters to help readers gain better insight into nature-inspired systems and swarm intelligence. All the MATLAB codes have been provided in the appendices of the book to enable readers practice how to solve examples included in all sections. This book is for experts in Engineering and Applied Sciences, Natural and Formal Sciences, Economics, Humanities and Social Sciences.

Metaheuristics for Hard Optimization

Metaheuristics for Hard Optimization
Author: Johann Dréo
Publisher: Springer Science & Business Media
Total Pages: 373
Release: 2006-01-16
Genre: Mathematics
ISBN: 3540309667

Contains case studies from engineering and operations research Includes commented literature for each chapter

Business Analytics for Decision Making

Business Analytics for Decision Making
Author: Steven Orla Kimbrough
Publisher: CRC Press
Total Pages: 308
Release: 2018-09-03
Genre: Business & Economics
ISBN: 1315362597

Business Analytics for Decision Making, the first complete text suitable for use in introductory Business Analytics courses, establishes a national syllabus for an emerging first course at an MBA or upper undergraduate level. This timely text is mainly about model analytics, particularly analytics for constrained optimization. It uses implementations that allow students to explore models and data for the sake of discovery, understanding, and decision making. Business analytics is about using data and models to solve various kinds of decision problems. There are three aspects for those who want to make the most of their analytics: encoding, solution design, and post-solution analysis. This textbook addresses all three. Emphasizing the use of constrained optimization models for decision making, the book concentrates on post-solution analysis of models. The text focuses on computationally challenging problems that commonly arise in business environments. Unique among business analytics texts, it emphasizes using heuristics for solving difficult optimization problems important in business practice by making best use of methods from Computer Science and Operations Research. Furthermore, case studies and examples illustrate the real-world applications of these methods. The authors supply examples in Excel®, GAMS, MATLAB®, and OPL. The metaheuristics code is also made available at the book's website in a documented library of Python modules, along with data and material for homework exercises. From the beginning, the authors emphasize analytics and de-emphasize representation and encoding so students will have plenty to sink their teeth into regardless of their computer programming experience.

Hybrid Metaheuristics

Hybrid Metaheuristics
Author: El-ghazali Talbi
Publisher: Springer
Total Pages: 464
Release: 2012-07-31
Genre: Technology & Engineering
ISBN: 3642306713

The main goal of this book is to provide a state of the art of hybrid metaheuristics. The book provides a complete background that enables readers to design and implement hybrid metaheuristics to solve complex optimization problems (continuous/discrete, mono-objective/multi-objective, optimization under uncertainty) in a diverse range of application domains. Readers learn to solve large scale problems quickly and efficiently combining metaheuristics with complementary metaheuristics, mathematical programming, constraint programming and machine learning. Numerous real-world examples of problems and solutions demonstrate how hybrid metaheuristics are applied in such fields as networks, logistics and transportation, bio-medical, engineering design, scheduling.

Essays and Surveys in Metaheuristics

Essays and Surveys in Metaheuristics
Author: Celso C. Ribeiro
Publisher: Springer Science & Business Media
Total Pages: 647
Release: 2012-12-06
Genre: Computers
ISBN: 1461515076

Finding exact solutions to many combinatorial optimization problems in busi ness, engineering, and science still poses a real challenge, despite the impact of recent advances in mathematical programming and computer technology. New fields of applications, such as computational biology, electronic commerce, and supply chain management, bring new challenges and needs for algorithms and optimization techniques. Metaheuristics are master procedures that guide and modify the operations of subordinate heuristics, to produce improved approx imate solutions to hard optimization problems with respect to more simple algorithms. They also provide fast and robust tools, producing high-quality solutions in reasonable computation times. The field of metaheuristics has been fast evolving in recent years. Tech niques such as simulated annealing, tabu search, genetic algorithms, scatter search, greedy randomized adaptive search, variable neighborhood search, ant systems, and their hybrids are currently among the most efficient and robust optimization strategies to find high-quality solutions to many real-life optimiza tion problems. A very large nmnber of successful applications of metaheuristics are reported in the literature and spread throughout many books, journals, and conference proceedings. A series of international conferences entirely devoted to the theory, applications, and computational developments in metaheuristics has been attracting an increasing number of participants, from universities and the industry.

Search and Optimization by Metaheuristics

Search and Optimization by Metaheuristics
Author: Ke-Lin Du
Publisher: Birkhäuser
Total Pages: 437
Release: 2016-07-20
Genre: Computers
ISBN: 3319411926

This textbook provides a comprehensive introduction to nature-inspired metaheuristic methods for search and optimization, including the latest trends in evolutionary algorithms and other forms of natural computing. Over 100 different types of these methods are discussed in detail. The authors emphasize non-standard optimization problems and utilize a natural approach to the topic, moving from basic notions to more complex ones. An introductory chapter covers the necessary biological and mathematical backgrounds for understanding the main material. Subsequent chapters then explore almost all of the major metaheuristics for search and optimization created based on natural phenomena, including simulated annealing, recurrent neural networks, genetic algorithms and genetic programming, differential evolution, memetic algorithms, particle swarm optimization, artificial immune systems, ant colony optimization, tabu search and scatter search, bee and bacteria foraging algorithms, harmony search, biomolecular computing, quantum computing, and many others. General topics on dynamic, multimodal, constrained, and multiobjective optimizations are also described. Each chapter includes detailed flowcharts that illustrate specific algorithms and exercises that reinforce important topics. Introduced in the appendix are some benchmarks for the evaluation of metaheuristics. Search and Optimization by Metaheuristics is intended primarily as a textbook for graduate and advanced undergraduate students specializing in engineering and computer science. It will also serve as a valuable resource for scientists and researchers working in these areas, as well as those who are interested in search and optimization methods.