Reference Hub3
Optimization Using Horizon-Scan Technique: A Practical Case of Solving an Industrial Problem

Optimization Using Horizon-Scan Technique: A Practical Case of Solving an Industrial Problem

Ly F. Sugianto, Pramesh Chand
Copyright: © 2006 |Pages: 24
ISBN13: 9781591407027|ISBN10: 1591407028|ISBN13 Softcover: 9781591407034|EISBN13: 9781591407041
DOI: 10.4018/978-1-59140-702-7.ch010
Cite Chapter Cite Chapter

MLA

Sugianto, Ly F., and Pramesh Chand. "Optimization Using Horizon-Scan Technique: A Practical Case of Solving an Industrial Problem." Business Applications and Computational Intelligence, edited by Kevin Voges and Nigel Pope, IGI Global, 2006, pp. 185-208. https://doi.org/10.4018/978-1-59140-702-7.ch010

APA

Sugianto, L. F. & Chand, P. (2006). Optimization Using Horizon-Scan Technique: A Practical Case of Solving an Industrial Problem. In K. Voges & N. Pope (Eds.), Business Applications and Computational Intelligence (pp. 185-208). IGI Global. https://doi.org/10.4018/978-1-59140-702-7.ch010

Chicago

Sugianto, Ly F., and Pramesh Chand. "Optimization Using Horizon-Scan Technique: A Practical Case of Solving an Industrial Problem." In Business Applications and Computational Intelligence, edited by Kevin Voges and Nigel Pope, 185-208. Hershey, PA: IGI Global, 2006. https://doi.org/10.4018/978-1-59140-702-7.ch010

Export Reference

Mendeley
Favorite

Abstract

This chapter introduces a new Computational Intelligence algorithm called Horizon Scan. Horizon Scan is a heuristic based technique designed to search for optimal solution in non-linear space. It is a variant of the Hill-Climbing technique and works in contrary to the temperature-cooling scheme used in Simulated-Annealing. Initial experiments on the application of Horizon Scan to standard test cases of linear and non-linear problems have indicated promising results (Chand & Sugianto, 2003a; Chand & Sugianto, 2003b; Chand & Sugianto, 2004). In this chapter, the technique is described in detail and its application in finding the optimal solution for the Scheduling-Pricing-Dispatch problem in the Australian deregulated electricity market context is demonstrated. It is hoped that the proposed approach will enrich the existing literature on Computational Intelligence, in particular to solve optimization problems, such as those that exist in the deregulated electricity industry around the globe.

Request Access

You do not own this content. Please login to recommend this title to your institution's librarian or purchase it from the IGI Global bookstore.