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What is Modelling to Generate Alternatives (MGA)

Encyclopedia of Business Analytics and Optimization
A modelling approach to systematically provide a set of “good” alternatives with respect to all of the problem’s modelled objectives. The primary motivation for MGA is to produce a manageably small set of alternatives that are good with respect to the known modelled objectives yet as different as possible from each other in the decision space – namely the solution set should provide maximally different alternatives.
Published in Chapter:
Bio-Inspired Modelling to Generate Alternatives
Raha Imanirad (York University, Canada) and Julian Scott Yeomans (York University, Canada)
Copyright: © 2014 |Pages: 11
DOI: 10.4018/978-1-4666-5202-6.ch033
Abstract
“Real world” decision-making often involves complex problems that are riddled with incompatible and inconsistent performance objectives. These problems typically possess competing design requirements which are very difficult – if not impossible – to capture and quantify at the time that any supporting decision models are constructed. There are invariably unmodelled design issues, not apparent during the time of model construction, which can greatly impact the acceptability of the model's solutions. Consequently, when solving many practical mathematical programming applications, it is generally preferable to formulate numerous quantifiably good alternatives that provide very different perspectives to the problem. These alternatives should possess near-optimal objective measures with respect to all known modelled objectives, but be fundamentally different from each other in terms of the system structures characterized by their decision variables. This solution approach is referred to as modelling-to-generate-alternatives (MGA). This study demonstrates how the nature-inspired, Firefly Algorithm can be used to efficiently create multiple solution alternatives that both satisfy required system performance criteria and yet are maximally different in their decision spaces.
Full Text Chapter Download: US $37.50 Add to Cart
More Results
A Nature-Inspired Metaheuristic Approach for Generating Alternatives
A modelling approach to systematically provide a set of “good” alternatives with respect to all of the problem’s modelled objectives. The primary motivation for MGA is to produce a manageably small set of alternatives that are good with respect to the known modelled objectives yet as different as possible from each other in the decision space – namely the solution set should provide maximally different alternatives.
Full Text Chapter Download: US $37.50 Add to Cart
A Nature-Inspired Metaheuristic Approach for Generating Alternatives
A modelling approach to systematically provide a set of “good” alternatives with respect to all of the problem’s modelled objectives. The primary motivation for MGA is to produce a manageably small set of alternatives that are good with respect to the known modelled objectives yet as different as possible from each other in the decision space – namely the solution set should provide maximally different alternatives.
Full Text Chapter Download: US $37.50 Add to Cart
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