Accelerated Particle Swarm Optimization and Support Vector Machine for Business Optimization and Applications

arXiv1203.6577MaRDI QIDQ6231950FDOQ6231950

Authors: Xin-She Yang, Suash Deb, Simon Fong 

Publication date: 29 March 2012

Abstract: Business optimization is becoming increasingly important because all business activities aim to maximize the profit and performance of products and services, under limited resources and appropriate constraints. Recent developments in support vector machine and metaheuristics show many advantages of these techniques. In particular, particle swarm optimization is now widely used in solving tough optimization problems. In this paper, we use a combination of a recently developed Accelerated PSO and a nonlinear support vector machine to form a framework for solving business optimization problems. We first apply the proposed APSO-SVM to production optimization, and then use it for income prediction and project scheduling. We also carry out some parametric studies and discuss the advantages of the proposed metaheuristic SVM.

This page was built for publication: Accelerated Particle Swarm Optimization and Support Vector Machine for Business Optimization and Applications

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q6231950)