Metaheuristic Optimization on Tensor-Type Solution via Swarm Intelligence and Its Application in the Profit Optimization in Designing Selling Scheme
Journal
Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Journal Volume
12689 LNCS
Pages
72-82
Date Issued
2021
Author(s)
Abstract
Nature-inspired metaheuristic optimization has been widely used in many problems in industry and scientific investigations, but their applications in designing selling scheme are rare because the solution space in this kind of problems is usually high-dimensional, and their constraints are sometimes cross-dimensional. Recently, the Swarm Intelligence Based (SIB) method is proposed for problems in discrete domains, and it is widely applied in many mathematical and statistical problems that common metaheuristic methods seldom approach. In this work, we introduce an extension of the SIB method that handles solutions with many dimensions, or tensor solution in mathematics. We further speed up our method by implementing our algorithm with the use of CPU parallelization. We then apply this extended framework to real applications in designing selling scheme, showing that our proposed method helps to increase the profit of a selling scheme compared to those suggested by traditional methods. ? 2021, Springer Nature Switzerland AG.
Subjects
CPU parallelization
Selling scheme
Swarm intelligence
Tensor-type particle
Aerospace industry
Biomimetics
Profitability
Sales
Tensors
Discrete domains
ITS applications
Meta-heuristic methods
Meta-heuristic optimizations
Profit optimization
Real applications
Scientific investigation
Statistical problems
Optimization
Type
conference paper