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Institutional Repository [SANDBOX]
Technical University of Crete
Technical University of Crete
EN
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| URI | http://purl.tuc.gr/dl/dias/44BB6343-081C-40C6-9E27-F9CFEC26BB16 | - |
| Identifier | https://doi.org/10.1007/978-3-030-38629-0_23 | - |
| Identifier | https://link.springer.com/chapter/10.1007/978-3-030-38629-0_23 | - |
| Language | en | - |
| Extent | 14 pages | en |
| Title | A new hybrid Firefly – Genetic algorithm for the optimal product line design problem | en |
| Creator | Zervoudakis Konstantinos | en |
| Creator | Ζερβουδακης Κωνσταντινος | el |
| Creator | Tsafarakis Stelios | en |
| Creator | Τσαφαρακης Στελιος | el |
| Creator | Sovatzidi Paraskevi-Panagiota | en |
| Creator | Σοβατζιδη Παρασκευη-Παναγιωτα | el |
| Publisher | Springer Nature | en |
| Content Summary | The optimal product line design is one of the most critical decisions for a firm to stay competitive, since it is related to the sustainability and profitability of a company. It is classified as an NP-hard problem since no algorithm can certify in polynomial time that the optimum it identifies is the overall optimum of the problem. The focus of this research is to propose a new hybrid optimization method (FAGA) combining Firefly algorithm (FA) and Genetic algorithm (GA). The proposed hybrid method is applied to the product line design problem and its performance is compared to those of previous approaches, like genetic algorithm (GA) and simulated annealing (SA), by using both actual and artificial consumer-related data preferences for specific products. The comparison results demonstrate that the proposed hybrid method is superior to both genetic algorithm and simulated annealing in terms of accuracy, efficiency and convergence speed. | en |
| Type of Item | Πλήρης Δημοσίευση σε Συνέδριο | el |
| Type of Item | Conference Full Paper | en |
| License | http://creativecommons.org/licenses/by/4.0/ | en |
| Date of Item | 2022-05-17 | - |
| Date of Publication | 2019 | - |
| Subject | Product line design | en |
| Subject | Hybridization | en |
| Subject | Firefly algorithm | en |
| Subject | Genetic algorithm | en |
| Bibliographic Citation | K. Zervoudakis, S. Tsafarakis, and P.-P, Sovatzidi, “A new hybrid Firefly – Genetic algorithm for the optimal product line design problem,” in Learning and Intelligent Optimization, vol 11968, Lecture Notes in Computer Science, N. Matsatsinis, Y. Marinakis, P. Pardalos, Eds., Cham, Switzerland: Springer Nature, 2020, pp. 284–297, doi: 10.1007/978-3-030-38629-0_23. | en |
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