: Helps decision-makers choose the best specific plan from the set of optimal solutions based on various criteria and constraints. Key Concepts
: An integrated multicriteria decision-making approach for distribution network reinforcement project portfolio. Journal : International Journal of Intelligent Systems . Published : June 03, 2021. Core Problem & Solution
: The authors propose a two-module analytical model: 22498.rar
: To optimize the global value of a project portfolio by selecting and scheduling projects across a multistage planning horizon.
: The study utilizes these computational techniques to search vast, multimodal spaces where traditional math might fail to find a global optimum. : Helps decision-makers choose the best specific plan
: A state where no single objective (e.g., cost) can be improved without degrading another (e.g., reliability).
The research focuses on for electricity distribution companies. These companies must decide which reinforcement projects to invest in given limited budgets and multiple, often conflicting, objectives. Published : June 03, 2021
: Uses the NSGA-II (Nondominated Sorting Genetic Algorithm II) to find a set of tradeoff solutions (the Pareto-optimal frontier).