Comparing The Performance of Simulated Annealing and Genetic Algorithm Metaheuristics in The Solving of Vehicle Routing Problem Variants

Solving the variants of the Vehicle Routing Problem (VRP) is invaluable to a huge range of businesses today. It allows for the calculation of efficient logistics routing which can drastically improve a firm’s competitiveness. As NP-hard combinatorial optimisation problems, they cannot be solved by e...

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Main Author: Epps, M
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2014
Online Access:https://eprints.nottingham.ac.uk/27177/
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author Epps, M
author_facet Epps, M
author_sort Epps, M
building Nottingham Research Data Repository
collection Online Access
description Solving the variants of the Vehicle Routing Problem (VRP) is invaluable to a huge range of businesses today. It allows for the calculation of efficient logistics routing which can drastically improve a firm’s competitiveness. As NP-hard combinatorial optimisation problems, they cannot be solved by exact methods: the solution space is simply too large for it to be evaluated in entirety in a reasonable timespan. Instead, metaheuristic algorithms, which produce reasonably good solutions much more quickly, are required. Metaheuristics’ solution adequacy is known to be highly senstive to the problem at hand and their parameterisation notoriously difficult. This paper compares the performance of two popular metaheuristics, simulated annealing and a genetic algorithm, in solving five different VRPs. Through this it creates an idea of which is better suited to each instance, allowing practitioners to select the superior method for their needs. The results of the comparison show in four of five problems instances that one method is conclusively more effective. Walking-through and simplifying a published parameterisation framework in order to make this comparison fair also makes fine-tuning the metaheuristics more accessible to non-experts, with the pitfalls and critique of the endeavour presented. Finally, the metaheuristics are applied to the real dataset of a taxi company. Whilst the simulations oppose findings of earlier comparisons, they provide substantial insight into how the operations of the firm being studied can be improved. Additionally, they demonstrate how other businesses may use metaheuristics to their advantage.
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spelling nottingham-271772017-10-19T13:56:00Z https://eprints.nottingham.ac.uk/27177/ Comparing The Performance of Simulated Annealing and Genetic Algorithm Metaheuristics in The Solving of Vehicle Routing Problem Variants Epps, M Solving the variants of the Vehicle Routing Problem (VRP) is invaluable to a huge range of businesses today. It allows for the calculation of efficient logistics routing which can drastically improve a firm’s competitiveness. As NP-hard combinatorial optimisation problems, they cannot be solved by exact methods: the solution space is simply too large for it to be evaluated in entirety in a reasonable timespan. Instead, metaheuristic algorithms, which produce reasonably good solutions much more quickly, are required. Metaheuristics’ solution adequacy is known to be highly senstive to the problem at hand and their parameterisation notoriously difficult. This paper compares the performance of two popular metaheuristics, simulated annealing and a genetic algorithm, in solving five different VRPs. Through this it creates an idea of which is better suited to each instance, allowing practitioners to select the superior method for their needs. The results of the comparison show in four of five problems instances that one method is conclusively more effective. Walking-through and simplifying a published parameterisation framework in order to make this comparison fair also makes fine-tuning the metaheuristics more accessible to non-experts, with the pitfalls and critique of the endeavour presented. Finally, the metaheuristics are applied to the real dataset of a taxi company. Whilst the simulations oppose findings of earlier comparisons, they provide substantial insight into how the operations of the firm being studied can be improved. Additionally, they demonstrate how other businesses may use metaheuristics to their advantage. 2014-09-10 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/27177/1/Mark_Epps.pdf Epps, M (2014) Comparing The Performance of Simulated Annealing and Genetic Algorithm Metaheuristics in The Solving of Vehicle Routing Problem Variants. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Epps, M
Comparing The Performance of Simulated Annealing and Genetic Algorithm Metaheuristics in The Solving of Vehicle Routing Problem Variants
title Comparing The Performance of Simulated Annealing and Genetic Algorithm Metaheuristics in The Solving of Vehicle Routing Problem Variants
title_full Comparing The Performance of Simulated Annealing and Genetic Algorithm Metaheuristics in The Solving of Vehicle Routing Problem Variants
title_fullStr Comparing The Performance of Simulated Annealing and Genetic Algorithm Metaheuristics in The Solving of Vehicle Routing Problem Variants
title_full_unstemmed Comparing The Performance of Simulated Annealing and Genetic Algorithm Metaheuristics in The Solving of Vehicle Routing Problem Variants
title_short Comparing The Performance of Simulated Annealing and Genetic Algorithm Metaheuristics in The Solving of Vehicle Routing Problem Variants
title_sort comparing the performance of simulated annealing and genetic algorithm metaheuristics in the solving of vehicle routing problem variants
url https://eprints.nottingham.ac.uk/27177/