Abstract

This paper presents an application of Water Cycle algorithm (WCA) in solving stochastic programming problems. In particular, Linear stochastic fractional programming problems are considered which are solved by WCA and solutions are compared with Particle Swarm Optimization, Differential Evolution, and Whale Optimization Algorithm and the results from literature. The constraints are handled by converting constrained optimization problem into an unconstrained optimization problem using Augmented Lagrangian Method. Further, a fractional stochastic transportation problem is examined as an application of the stochastic fractional programming problem. In terms of efficiency of algorithms and the ability to find optimal solutions, WCA gives highly significant results in comparison with the other metaheuristic algorithms and the quoted results in the literature which demonstrates that WCA algorithm has 100% convergence in all the problems. Moreover, non-parametric hypothesis tests are performed and which indicates that WCA presents better results as compare to the other algorithms.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.