Applications and Extensions of the Iterated Local Search
15/04/2021 Thursday 15th April 2021, 13:00 ()
Helena Ramalhinho Lourenço, Universidade Pompeu Fabra, Barcelona
Iterated Local Search (ILS) is a conceptually simple and efficient well-known Metaheuristic. The main idea behind ILS is to drive the search not on the full space of all candidate solutions but on the solutions that are returned by some underlying algorithm; typically, local optimal solutions obtained by the application of a local search heuristic. This method has been applied to many different optimization problems having more than 10,000 entries in Google Scholar. In this talk, we will review briefly the ILS method emphasizing the extensions of ILS. We will describe three relevant types of extensions: the hybrid ILS approaches combining ILS with other metaheuristics and/or exact methods; the SimILS (Simulation+ILS) to solve Stochastic Combinatorial Optimization Problems. We will discuss the advantages and disadvantages of these extensions and present some applications, including real ones in areas like Supply Chain Management, Economic Development or Health Care. Finally, future research topics will be presented.