Nested Partitions Method, Theory and Applications - Paperback

by Leyuan Shi (Author), Sigurdur Ólafsson (Author)

Thesubjectofthisbookisthenested partitions method(NP), arelativelynew optimization method that has been found to be very e?ective solving discrete optimization problems. Such discrete problems are common in many practical applications and the NP method is thus useful in diverse application areas. It can be applied to both operational and planning problems and has been demonstrated to e?ectively solve complex problems in both manufacturing and service industries. To illustrate its broad applicability and e?ectiveness, in this book we will show how the NP method has been successful in solving complex problems in planning and scheduling, logistics and transportation, supply chain design, data mining, and health care. All of these diverse app- cationshaveonecharacteristicincommon: theyallleadtocomplexlarge-scale discreteoptimizationproblemsthatareintractableusingtraditionaloptimi- tion methods. 1.1 Large-Scale Optimization IndevelopingtheNPmethodwewillconsideroptimization problemsthatcan be stated mathematically in the following generic form: minf(x), (1.1) x?X where the solution space or feasible region X is either a discrete or bounded ? set of feasible solutions. We denote a solution to this problem x and the ? ? objective function value f = f (x ).

Back Jacket

There is increasing need to solve large-scale complex optimization problems in a wide variety of science and engineering applications, including designing telecommunication networks for multimedia transmission, planning and scheduling problems in manufacturing and military operations, or designing nanoscale devices and systems. Advances in technology and information systems have made such optimization problems more and more complicated in terms of size and uncertainty. Nested Partitions Method, Theory and Applications provides a cutting-edge research tool to use for large-scale, complex systems optimization.

The Nested Partitions (NP) framework is an innovative mix of traditional optimization methodology and probabilistic assumptions. An important feature of the NP framework is that it combines many well-known optimization techniques, including dynamic programming, mixed integer programming, genetic algorithms and tabu search, while also integrating many problem-specific local search heuristics. The book uses numerous real-world application examples, demonstrating that the resulting hybrid algorithms are much more robust and efficient than a single stand-alone heuristic or optimization technique. This book aims to provide an optimization framework with which researchers will be able to discover and develop new hybrid optimization methods for successful application of real optimization problems.

Researchers and practitioners in management science, industrial engineering, economics, computer science, and environmental science will find this book valuable in their research and study. Because of its emphasis on practical applications, the book can appropriately be used as a textbook in a graduate course.