Portfolio optimization is a serious challenge for financial engineering and has pulled down special attention among investors. It has two objectives: to maximize the reward that is calculated by expected return and to minimize the risk. Variance has been considered as a risk measure. There are many constraints in the world that ultimately lead to a non–convex search space such as cardinality co...

This paper presents a Multi-Objective Evolutionary Algorithm based on Decomposition (MOEA/D) for the optimal operation of a complex multipurpose and multi-reservoir system. Firstly, MOEA/D decomposes a multi-objective optimization problem into a number of scalar optimization sub-problems and optimizes them simultaneously. It uses information of its several neighboring sub-problems for optimizin...

This research aims to predict PV output power by using different neuro-evolutionary methods. The proposed approach was evaluated by a data set, which was collected at 5-minute intervals in the photovoltaic laboratory of Niroo Research Institute of Iran (Tehran). The data has been divided into three intervals based on the amount of solar irradiation, and different neural networks were used for p...

Classical evolutionary multi-objective optimization algorithms aim at finding an approximation of the entire set of Pareto optimal solutions. By considering the preferences of a decision maker within evolutionary multi-objective optimization algorithms, it is possible to focus the search only on those parts of the Pareto front that satisfy his/her preferences. In this paper, an extended prefere...

Flexible job-shop scheduling problem (FJSP) is an NP-hard puzzle which inherits the job-shop scheduling problem (JSP) characteristics. This paper presents a bee evolutionary guiding nondominated sorting genetic algorithm II (BEG-NSGA-II) for multiobjective FJSP (MO-FJSP) with the objectives to minimize the maximal completion time, the workload of the most loaded machine, and the total workload ...

Mixed-model U-shaped assembly line balancing problems (MMUALBP) is known to be NP-hard resulting in it being nearly impossible to obtain an optimal solution for practical problems with deterministic algorithms. This paper presents a new evolutionary method called combinatorial optimisation with coincidence algorithm (COIN) being applied to Type I problems of MMUALBP in a just-in-time production...

This paper presents an innovative active power filter design method to simultaneously compensate the current harmonics and reactive power of a nonlinear load. The power filter integrates a passive power filter which is a RL low-pass filter placed in series with the load, and an active power filter which comprises an RL in series with an IGBT based voltage source converter. The filter is assumed...

A new model and solution for the energy minimizing vehicle routing problem with time windows (EVRPTW) and customers’ priority is presented in this paper. In this paper unlike prior attempts to minimize cost by minimizing overall traveling distance, the model also incorporates energy minimizing which meets the latest requirements of green logistics. This paper includes the vehicles load as an ad...

This paper presents a multi-objective resource-constrained project scheduling problem with positive and negative cash flows. The net present value (NPV) maximization and making span minimization are this study objectives. And since this problem is considered as complex optimization in NP-Hard context, we present a mathematical model for the given problem and solve three evolutionary algorithms;...

The performance of an Evolutionary Algorithm (EA) can be greatly influenced by its parameters. The optimal parameter settings are also not necessarily the same across different problems. Finding the optimal set of parameters is therefore a difficult and often time-consuming task. This paper presents results of parameter tuning experiments on the NSGA-II and NSGA-III algorithms using the ZDT tes...