Approximating the Pareto-front of a planar bi-objective competitive facility location and design problem

Approximating the Pareto-front of a planar bi-objective competitive facility location and design problem

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Article ID: iaor201527025
Volume: 62
Issue: 6
Start Page Number: 337
End Page Number: 349
Publication Date: Oct 2015
Journal: Computers and Operations Research
Authors: , , , ,
Keywords: combinatorial optimization, programming: multiple criteria, design
Abstract:

  • A new multi‐objective evolutionary algorithm, called FEMOEA, is presented.
  • Its aim is to obtain a discrete approximation of the Pareto‐front of multi‐objective optimization problems.
  • It combines ideas from different multi‐objective and single‐objective optimization evolutionary algorithms.
  • It also incorporates a new improving method and a new stopping rule. It has been applied to a hard‐to‐solve bi‐objective continuous competitive facility location and design problem.
  • Computational studies show that the new method outperforms, on average, both SPEA2 and NSGA‐II.
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