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Heuristic algorithms are methods that use some rules of thumb, intuition, or experience to find a good solution to an optimization problem, without guaranteeing that it is the best possible one.
The purpose of this talk is to introduce new solution algorithms for the Production Routing Problem (PRP), a generalization of the Inventory Routing Problem (IRP) obtained by considering production ...
Accurate (traditional) optimization algorithms are unable to provide an appropriate result for the optimization problems with a large dimension explore space. In such problems, the explore space ...
Vehicle routing is a famous discrete optimization problem. It is not guaranteed to obtain optimal solutions across numerous complex cases. Both heuristics and exact algorithms can be used for analysis ...
Learn how to choose between heuristic and exact algorithms to solve optimization problems in operations research, and what are their pros and cons. Agree & Join LinkedIn ...
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