Interactive enhanced particle swarm optimization: A multi-objective reliability application

M. K. Pandey, M. K. Tiwari and M. J. Zuo

Journal of Risk and Reliability, 2007, vol. 221, issue 3, 177-191

Abstract: In reliability optimization problems, it is desirable to address different conflicting objectives. This generally includes maximization of system reliability and minimization of cost, weight, and volume. The proposed algorithm of a metaheuristic nature is designed to address multi-objective problems. In the presented algorithm, interaction with a decision maker guides the search towards the preferred solution. A comparison between an existing solution and the newly generated solution substantiates the desirability or fitness of the latter. Further, the utility function expresses the preference information of the decision maker while searching for the best solution. During the development of the algorithm, a new variant of particle swarm optimization (PSO) is proposed and named as ‘enhanced particle swarm optimization’ (EPSO). EPSO considers the difference between the particle's best position and the global best position for efficient search and convergence. The developed algorithm is applied to the reliability optimization problem of a multistage mixed system with four different value functions that are used to simulate the designer's opinion in the solution evaluation process. Results indicate that the algorithm effectively captures the decision maker's preferences for different structures. Superior results in multi-objective reliability problem-solving prove the algorithm's superiority over other approaches.

Keywords: Multi-objective optimization; reliability optimization; enhanced particle swarm optimization (EPSO); decision maker (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:sae:risrel:v:221:y:2007:i:3:p:177-191

DOI: 10.1243/1748006XJRR51

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