Optimization by Hybridization of a Genetic Algorithm with the PROMOTHEE Method: Management of Multicriteria Localization

TL;DR

This paper presents a hybrid optimization approach combining genetic algorithms, economic intelligence, and multicriteria analysis, specifically using PROMETHEE, to improve decision-making in territorial localization for economic activities.

Contribution

It introduces a novel hybrid model integrating genetic algorithms with PROMETHEE and economic intelligence for multicriteria localization decisions.

Findings

Enhanced decision quality for territorial localization.

Effective mapping of favorable regions using the hybrid model.

Improved compromise solutions between conflicting criteria.

Abstract

The decision to locate an economic activity of one or several countries is made taking into account numerous parameters and criteria. Several studies have been carried out in this field, but they generally use information in a reduced context. The majority are based solely on parameters, using traditional methods which often lead to unsatisfactory solutions.This work consists in hybridizing through genetic algorithms, economic intelligence (EI) and multicriteria analysis methods (MCA) to improve the decisions of territorial localization. The purpose is to lead the company to locate its activity in the place that would allow it a competitive advantage. This work also consists of identifying all the parameters that can influence the decision of the economic actors and equipping them with tools using all the national and international data available to lead to a mapping of countries, regions or departments favorable to the location. Throughout our research, we have as a goal the realization of a hybrid conceptual model of economic intelligence based on multicriteria on with genetic algorithms in order to optimize the decisions of localization, in this perspective we opted for the method of PROMETHEE (Preference Ranking Organization for Method of Enrichment Evaluation), which has made it possible to obtain the best compromise between the various visions and various points of view.