A New Approach to Perform a Probabilistic and Multi-objective History Matching

2014 ◽  
Author(s):  
Forlan La Rosa Almeida ◽  
Alessandra Davolio ◽  
Denis Jose Schiozer
Keyword(s):  
History Matching ◽  
New Approach ◽  
Multi Objective

scholarly journals A New Approach to Group Multi-Objective Optimization under Imperfect Information and Its Application to Project Portfolio Optimization

2021 ◽  
Vol 11 (10) ◽  
pp. 4575
Author(s):  
Eduardo Fernández ◽  
Nelson Rangel-Valdez ◽  
Laura Cruz-Reyes ◽  
Claudia Gomez-Santillan
Keyword(s):  
Portfolio Optimization ◽  
Imperfect Information ◽  
Model Parameters ◽  
Final Decision ◽  
Project Portfolio ◽  
Objective Functions ◽  
Multi Objective Optimization ◽  
New Approach ◽  
Multi Objective ◽  
Group Member

This paper addresses group multi-objective optimization under a new perspective. For each point in the feasible decision set, satisfaction or dissatisfaction from each group member is determined by a multi-criteria ordinal classification approach, based on comparing solutions with a limiting boundary between classes “unsatisfactory” and “satisfactory”. The whole group satisfaction can be maximized, finding solutions as close as possible to the ideal consensus. The group moderator is in charge of making the final decision, finding the best compromise between the collective satisfaction and dissatisfaction. Imperfect information on values of objective functions, required and available resources, and decision model parameters are handled by using interval numbers. Two different kinds of multi-criteria decision models are considered: (i) an interval outranking approach and (ii) an interval weighted-sum value function. The proposal is more general than other approaches to group multi-objective optimization since (a) some (even all) objective values may be not the same for different DMs; (b) each group member may consider their own set of objective functions and constraints; (c) objective values may be imprecise or uncertain; (d) imperfect information on resources availability and requirements may be handled; (e) each group member may have their own perception about the availability of resources and the requirement of resources per activity. An important application of the new approach is collective multi-objective project portfolio optimization. This is illustrated by solving a real size group many-objective project portfolio optimization problem using evolutionary computation tools.

scholarly journals Localized probability of improvement for kriging based multi-objective optimization

Open Physics ◽  
2017 ◽  
Vol 15 (1) ◽  
pp. 954-958
Author(s):  
Yinjiang Li ◽  
Song Xiao ◽  
Paolo Di Barba ◽  
Mihai Rotaru ◽  
Jan K. Sykulski
Keyword(s):  
Uniform Distribution ◽  
Nearest Neighbor ◽  
Higher Dimensions ◽  
Multi Objective Optimization ◽  
New Approach ◽  
Multi Objective ◽  
Local Probability ◽  
Pareto Fronts ◽  
Probability Of Improvement ◽  
Infill Sampling

AbstractThe paper introduces a new approach to kriging based multi-objective optimization by utilizing a local probability of improvement as the infill sampling criterion and the nearest neighbor check to ensure diversification and uniform distribution of Pareto fronts. The proposed method is computationally fast and linearly scalable to higher dimensions.

scholarly journals Development of a robust multi-objective history matching for reliable well-based production forecasts

2016 ◽  
Vol 34 (6) ◽  
pp. 795-809 ◽  
Author(s):  
Baehyun Min ◽  
Joe M Kang ◽  
Hoyoung Lee ◽  
Suryeom Jo ◽  
Changhyup Park ◽  
...  
Keyword(s):  
History Matching ◽  
Multi Objective

A New Deterministic Approach Using Sensitivity Region Measures for Multi-Objective Robust and Feasibility Robust Design Optimization

2005 ◽  
Vol 128 (4) ◽  
pp. 874-883 ◽  
Author(s):  
Mian Li ◽  
Shapour Azarm ◽  
Art Boyars
Keyword(s):  
Pareto Front ◽  
Optimization Problems ◽  
Continuous Functions ◽  
Robust Design Optimization ◽  
Worst Case ◽  
New Approach ◽  
Multi Objective ◽  
Tolerance Region ◽  
Parameter Variations ◽  
Gradient Based

We present a deterministic non-gradient based approach that uses robustness measures in multi-objective optimization problems where uncontrollable parameter variations cause variation in the objective and constraint values. The approach is applicable for cases that have discontinuous objective and constraint functions with respect to uncontrollable parameters, and can be used for objective or feasibility robust optimization, or both together. In our approach, the known parameter tolerance region maps into sensitivity regions in the objective and constraint spaces. The robustness measures are indices calculated, using an optimizer, from the sizes of the acceptable objective and constraint variation regions and from worst-case estimates of the sensitivity regions’ sizes, resulting in an outer-inner structure. Two examples provide comparisons of the new approach with a similar published approach that is applicable only with continuous functions. Both approaches work well with continuous functions. For discontinuous functions the new approach gives solutions near the nominal Pareto front; the earlier approach does not.

Design Improvement by Sensitivity Analysis (DISA) Under Interval Uncertainty Using Multi-Objective Optimization

2009 ◽  
Author(s):  
J. Hamel ◽  
M. Li ◽  
S. Azarm
Keyword(s):  
Sensitivity Analysis ◽  
Interval Uncertainty ◽  
Minimal Amount ◽  
Engineering System ◽  
Objective Functions ◽  
Multi Objective Optimization ◽  
New Approach ◽  
Design Improvement ◽  
Multi Objective ◽  
System A

Uncertainty in the input parameters to an engineering system may not only degrade the system’s performance, but may also cause failure or infeasibility. This paper presents a new sensitivity analysis based approach called Design Improvement by Sensitivity Analysis (DISA). DISA analyzes the interval parameter uncertainty of a system and, using multi-objective optimization, determines an optimal combination of design improvements required to enhance performance and ensure feasibility. This is accomplished by providing a designer with options for both uncertainty reduction and, more importantly, slight design adjustments. The approach can provide improvements to a design of interest that will ensure a minimal amount of variation in the objective functions of the system while also ensuring the engineering feasibility of the system. A two stage sequential framework is used in order to effectively employ metamodeling techniques to approximate the analysis function of an engineering system and greatly increase the computational efficiency of the approach. This new approach has been applied to two engineering examples of varying difficulty to demonstrate its applicability and effectiveness.

Sign in / Sign up

Export Citation Format

Share Document