Abstract
Metaheuristic optimization is a higher-level optimization that uses a simple and efficient procedure to solve optimization problems. Metaheuristic can understand higher-level algorithmic framework which is problem independent and equipped with a set of strategies to develop heuristic optimization algorithms. Metaheuristic can be defined as a method to get a solution that is “good enough” in “small enough” computing time. MHA gives a better trade-off between exploration (global optima) as well as exploitation (local optima) along with solution quality and computing time. The characteristic which makes MHA more reliable and efficient as compared to exact methods are (1) adaption according to the need of real-time optimization problems (2) better solution quality in lesser computation time (3) non-problem specific, approximate and non-deterministic. The literature of the last three decades clearly shows that there is an explosion in the field of MHA from different sources of inspiration. This literature review consists of some of the metaheuristic algorithms which come in existence from 2014 to 2020. The review describes algorithms and modifications done so far.
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Khanduja, N., Bhushan, B. (2021). Recent Advances and Application of Metaheuristic Algorithms: A Survey (2014–2020). In: Malik, H., Iqbal, A., Joshi, P., Agrawal, S., Bakhsh, F.I. (eds) Metaheuristic and Evolutionary Computation: Algorithms and Applications. Studies in Computational Intelligence, vol 916. Springer, Singapore. https://doi.org/10.1007/978-981-15-7571-6_10
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