Population-based evolutionary algorithms are often considered when approaching computationally expensive black-box optimization problems. They employ a selection mechanism to choose the best solutions from a given pop...
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Population-based evolutionary algorithms are often considered when approaching computationally expensive black-box optimization problems. They employ a selection mechanism to choose the best solutions from a given population after comparing their objective values, which are then used to generate the next population. This iterative process explores the solution space efficiently, leading to improved solutions over time. However, one of the challenges of these algorithms is that they require a large number of evaluations to provide a quality solution, which might be computationally expensive when the evaluation cost is high. In some cases, it is possible to replace the original objectivefunction with a less accurate approximation of lower cost. This introduces a tradeoff between the evaluation cost and its accuracy. In this article, we propose a technique capable of choosing an appropriate approximatefunction cost during the execution of the optimization algorithm. The proposal finds the minimum evaluation cost at which the solutions are still properly ranked, and consequently, more evaluations can be computed in the same amount of time with minimal accuracy loss. An experimental section on four very different problems reveals that the proposed approach can reach the same objective value in less than half of the time in certain cases.
As the pressure of new energy consumption increases, load side resources serve as economic regulation resources to provide flexible regulation capabilities for the power grid. To reduce the scheduling, computing, and ...
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