Prediction-Based Multi-Objective Optimization for Oil Purchasing and Distribution with the NSGA-II Algorithm
Prediction-Based Multi-Objective Optimization for Oil Purchasing and Distribution with the NSGA-II Algorithm
复制标题
使用 NSGA-II 算法进行基于预测的石油采购和分配多目标优化
DOI:
10.1142/s0219622016500097
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发表时间:
2016-03
期刊:
影响因子:
--
通讯作者:
Tang Ling
中科院分区:
文献类型:
--
作者:
Yu Lean;Yang Zebin;Tang Ling
Due to the uncertainty in oil markets, this paper proposes a novel approach for oil purchasing and distribution optimization by incorporating price and demand prediction, i.e., the prediction-based oil purchasing-and-distribution optimization model. In particular, the proposed method bridges the latest information technology and decision-making technique by introducing the recently proposed information technology (i.e., extreme learning machine (ELM)) into the oil purchasing-and-distribution optimization model. Two main steps are involved: market prediction and planning optimization in the proposed model. In market prediction, the ELM technique is employed to provide fast training time and accurate forecasting results for oil prices and demands. In planning optimization, two objectives of general profit maximization and inventory risk minimization are considered; and the most popular multi-objective evolutionary algorithm (MOEA), nondominated sorting genetic algorithm II (NSGA-II), is implemented to search approximate Pareto optimal solutions. For illustration and verification, the motor gasoline market in the US is focused on as the study sample, and the experimental results demonstrate the superiority of the proposed prediction-based optimization approach over its benchmark models (without market prediction and/or planning optimization), in terms of the highest profit and the lowest risk.
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影响因子:
12.8
作者:
Yu, Lean;Zhao, Yang;Tang, Ling
通讯作者:
Tang, Ling
影响因子:
7.5
作者:
Lam, M
通讯作者:
Lam, M
影响因子:
4.8
作者:
L. Tang;Shuai Wang;Kaijian He;Shouyang Wang
通讯作者:
L. Tang;Shuai Wang;Kaijian He;Shouyang Wang
DOI:
10.1016/j.compchemeng.2003.09.014
发表时间:
2004-06
期刊:
Comput. Chem. Eng.
影响因子:
--
作者:
Cheng-Liang Chen;Wen-Cheng Lee
通讯作者:
Cheng-Liang Chen;Wen-Cheng Lee
DOI:
10.1142/s0219622013500193
发表时间:
2013-05-01
影响因子:
4.9
作者:
Tang, Ling;Yu, Lean;Xu, Weixuan
通讯作者:
Xu, Weixuan