Simulation-based parallel direct search optimization for revenue maximization of coalmines

Sai Srinivas Nageshwaraniyer, Young-Jun Son, Sean D Dessureault

Research output: Chapter in Book/Report/Conference proceedingConference contribution

1 Scopus citations

Abstract

Addressing revenue maximization problems using detailed coalmine simulation models is computationally expensive because of large numbers of model parameters, decision and random variables. To rectify this challenge, a simulation-based parallel Direct search optimization is proposed in this paper using a real surface coalmine as case study. To this end, a simulation model of truck-shovel-crusher system in Arena is used and Direct search toolbox in MATLAB is applied to optimize the simulation model. Firstly, the simulation optimization process is initiated on two local computers in parallel. When a local computer achieves a threshold improvement, the optimization routine is stopped and its current best decision is delivered to the central computer. This asynchronous interaction also takes place when there is no improvement for a certain number of iterations. In both cases, the central computer uses Direct search along with the list of solutions collected to search for the decision to initiate next round of optimization on the local computers. The whole process is continued for a preset total number of iterations. Through comparison with optimization results obtained on a single computer using OptQuest, it is demonstrated that the total time involved in the proposed procedure is reduced without sacrificing quality of solution.

Original languageEnglish (US)
Title of host publicationIIE Annual Conference and Expo 2013
PublisherInstitute of Industrial Engineers
Pages2465-2474
Number of pages10
Publication statusPublished - 2013
EventIIE Annual Conference and Expo 2013 - San Juan, Puerto Rico
Duration: May 18 2013May 22 2013

Other

OtherIIE Annual Conference and Expo 2013
CountryPuerto Rico
CitySan Juan
Period5/18/135/22/13

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Keywords

  • Coalmine
  • Direct search
  • Parallel search
  • Revenue maximization
  • Simulation-based optimization

ASJC Scopus subject areas

  • Industrial and Manufacturing Engineering

Cite this

Nageshwaraniyer, S. S., Son, Y-J., & Dessureault, S. D. (2013). Simulation-based parallel direct search optimization for revenue maximization of coalmines. In IIE Annual Conference and Expo 2013 (pp. 2465-2474). Institute of Industrial Engineers.