This work proposes the multi-objective version of the recently proposed Multi-Verse Optimizer (MVO) called Multi-Objective Multi-Verse Optimizer (MOMVO). The same concepts of MVO are used for converging towards the best solutions in a multi-objective search space. For maintaining and improving the coverage of Pareto optimal solutions obtained, however, an archive with an updating mechanism is employed. To test the performance of MOMVO, 80 case studies are employed including 49 unconstrained multi-objective test functions, 10 constrained multi-objective test functions, and 21 engineering design multi-objective problems. The results are compared quantitatively and qualitatively with other algorithms using a variety of performance indicators, which show the merits of this new MOMVO algorithm in solving a wide range of problems with different characteristics.
a b s t r a c tRecent trend of research is to hybridize two and more algorithms to obtain superior solution in the field of optimization problems. In this context, a new technique hybrid Particle Swarm Optimization (PSO)-Multi verse Optimizer (MVO) is exercised on some unconstraint benchmark test functions and the most common problem of the modern power system named Optimal Reactive Power Dispatch (ORPD) is optimized using the novel hybrid meta-heuristic optimization algorithm Particle Swarm Optimization-Multi Verse Optimizer (HPSO-MVO) method. Hybrid PSO-MVO is combination of PSO used for exploitation phase and MVO for exploration phase in uncertain environment. Position and Speed of particle is modernised according to location of universes in each iteration. The hybrid PSO-MVO method has a fast convergence rate due to use of roulette wheel selection method. For the ORPD solution, standard IEEE-30 bus test system is used. The hybrid PSO-MVO method is implemented to solve the proposed problem. The problems considered in the ORPD are fuel cost reduction, Voltage profile improvement, Voltage stability enhancement, Active power loss minimization and Reactive power loss minimization. The results obtained with hybrid PSO-MVO method is compared with other techniques such as Particle Swarm Optimization (PSO) and Multi Verse Optimizer (MVO). Analysis of competitive results obtained from HPSO-MVO validates its effectiveness compare to standard PSO and MVO algorithm. Ó 2016 Karabuk University. Publishing services by Elsevier B.V. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).
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