1. Meta-RaPS approach for the 0-1 Multidimensional Knapsack Problem
- Author
-
Gail W. DePuy, Gary E. Whitehouse, and Reinaldo J. Moraga
- Subjects
Mathematical optimization ,General Computer Science ,Ranking ,Simple (abstract algebra) ,business.industry ,Knapsack problem ,Continuous knapsack problem ,General Engineering ,Value (computer science) ,Local search (optimization) ,business ,Algorithm ,Mathematics - Abstract
A promising solution approach called Meta-RaPS is presented for the 0-1 Multidimensional Knapsack Problem (0-1 MKP). Meta-RaPS constructs feasible solutions at each iteration through the utilization of a priority rule used in a randomized fashion. Four different greedy priority rules are implemented within Meta-RaPS and compared. These rules differ in the way the corresponding pseudo-utility ratios for ranking variables are computed. In addition, two simple local search techniques within Meta-RaPS improvement stage are implemented. The Meta-RaPS approach is tested on several established test sets, and the solution values are compared to both the optimal values and the results of other 0-1 MKP solution techniques. The Meta-RaPS approach outperforms many other solution methodologies in terms of differences from the optimal value and number of optimal solutions obtained. The advantage of the Meta-RaPS approach is that it is easy to understand and easy to implement, and it achieves good results.
- Published
- 2005
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