Resource Allocation Using Multi-Objective Evolutionary Algorithms
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Resource Allocation Using Multi-Objective Evolutionary Algorithms

Solving Resource Allocation Problems using Multi-Objective Evolutionary Algorithms

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A resource allocation problem (RAP) is encountered in a variety of areas in operations research and management science. It is a combinatorial optimization problem, where a limited amount of resources are to be allocated to certain number of competitive events in order to achieve the most effective allotment of the resources. Although the properties of an RAP can help in characterizing another RAP, different RAPs are usually studied independently without exploring the similarities among them. Therefore, with the aim of exploring the similarities among different types of RAPs, two versions of NS...