A simulated annealing technique for multi-objective simulation optimization

@article{Alrefaei2009ASA,
  title={A simulated annealing technique for multi-objective simulation optimization},
  author={Mahmoud H. Alrefaei and Ali H. Diabat},
  journal={Applied Mathematics and Computation},
  year={2009},
  volume={215},
  pages={3029-3035}
}
In this paper, we present a simulated annealing algorithm for solving multi-objective simulation optimization problems. The algorithm is based on the idea of simulated annealing with constant temperature, and uses a rule for accepting a candidate solution that depends on the individual estimated objective function values. The algorithm is shown to converge almost surely to an optimal solution. It is applied to a multi-objective inventory problem; the numerical results show that the algorithm… CONTINUE READING