Title :
An improved genetic algorithm for optimizing resource allocation using knowledge evolution and natural evolution
Author :
Tang Ping ; Gao Changqing ; Tang Cheng ; Lee Gordon ; Lu Fei
Author_Institution :
Guangdong Univ. of Technol., Guangzhou, China
Abstract :
Decreasing the resource cost in industrial processes, especially in complex situations, is an important problem, particularly given our economic crisis. Efficient algorithms play an important role in reducing cost; in this paper, a resource allocation model is developed and an improved genetic algorithm (GA) is proposed that combines natural evolution with knowledge evolution, which can prevent the limited processing of natural evolution approaches. Simulation results are presented to illustrate that the proposed algorithm has the potential to perform better than classical methods in many different applications.
Keywords :
financial management; genetic algorithms; industrial economics; resource allocation; economic crisis; improved genetic an algorithm; industrial process; knowledge evolution; natural evolution; resource allocation; Biological cells; Genetics; Investments; Resource management; Weapons; improved genetic algorithm; knowledge evolution; natural evolution; resource allocation;
Conference_Titel :
World Automation Congress (WAC), 2010
Conference_Location :
Kobe
Print_ISBN :
978-1-4244-9673-0
Electronic_ISBN :
2154-4824