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An Overview of the Last Advances and Applications of Greedy Randomized Adaptive Search Procedure

An Overview of the Last Advances and Applications of Greedy Randomized Adaptive Search Procedure
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Author(s): Airam Expósito Márquez (Universidad de La Laguna, Spain)and Christopher Expósito-Izquierdo (Universidad de La Laguna, Spain)
Copyright: 2018
Pages: 21
Source title: Handbook of Research on Modeling, Analysis, and Application of Nature-Inspired Metaheuristic Algorithms
Source Author(s)/Editor(s): Sujata Dash (North Orissa University, India), B.K. Tripathy (VIT University, India)and Atta ur Rahman (University of Dammam, Saudi Arabia)
DOI: 10.4018/978-1-5225-2857-9.ch013

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Abstract

One of the most studied methods to get approximate solutions in optimization problems are the heuristics methods. Heuristics are usually employed to find good, but not necessarily optima solutions. The primary purpose of the chapter at hand is to provide a survey of the Greedy Randomized Adaptive Search Procedures (GRASP). GRASP is an iterative multi-start metaheuristic for solving complex optimization problems. Each GRASP iteration consists of a construction phase followed by a local search procedure. In this paper, we first describe the basic components of GRASP and the various elements that compose it. We present different variations of the basic GRASP in order to improve its performance. The GRASP has encompassed a wide range of applications, covering different fields because of its robustness and easy to apply.

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