Affiliation:
1. Addis Ababa Science and Technology University, Ethiopia
Abstract
This chapter provides a literature review of optimization problems in the context of grey system theory, as proposed by various authors. The chapter explains the binary interactive algorithm approach as a problem-solving method for linear programming and quadratic programming problems with uncertainty and a genetic-algorithm-based approach as a second problem-solving scheme for linear programming, quadratic programming, and general nonlinear programming problems with uncertainty. In the chapter, details on the computation procedures involved for solving the aforementioned optimization problems with uncertainty are presented and results from these two approaches are compared and contrasted. Finally, possible future work area in the subject is suggested.