Evolutionary Computing Approach to Optimize Superframe Scheduling on Industrial Wireless Sensor Networks

There has been a paradigm shift in the industrial wireless sensor domain caused by the Internet of Things (IoT). IoT is a thriving technology leading the way in short range and fixed wireless sensing. One of the issues in Industrial Wireless Sensor Network-IWSN is finding the optimal solution for minimizing the defect time in superframe scheduling. This paper proposes a method using the evolutionary algorithms approach namely particle swarm optimization (PSO), Orthogonal Learning PSO, genetic algorithms (GA) and modified GA for optimizing the scheduling of superframe. We have also evaluated a contemporary method, deadline monotonic scheduling on the ISA 100.11a. By using this standard as a case study, the presented simulations are object-oriented based, with numerous variations in the number of timeslots and wireless sensor nodes. The simulation results show that the use of GA and modified GA can provide better performance for idle and missed deadlines. A comprehensive and detailed performance evaluation is given in the paper

Evolutionary Algorithms and Computational Methods for Derivatives Pricing

This work aims to provide novel computational solutions to the problem of derivative pricing. To achieve this, a novel hybrid evolutionary algorithm (EA) based on particle swarm optimisation (PSO) and differential evolution (DE) is introduced and applied, along with various other state-of-the-art variants of PSO and DE, to the problem of calibrating the Heston stochastic volatility model. It is found that state-of-the-art DEs provide excellent calibration performance, and that previous use of rudimentary DEs in the literature undervalued the use of these methods. The use of neural networks with EAs for approximating the solution to derivatives pricing models is next investigated. A set of neural networks are trained from Monte Carlo (MC) simulation data to approximate the closed form solution for European, Asian and American style options. The results are comparable to MC pricing, but with offline evaluation of the price using the neural networks being orders of magnitudes faster and computationally more efficient. Finally, the use of custom hardware for numerical pricing of derivatives is introduced. The solver presented here provides an energy efficient data-flow implementation for pricing derivatives, which has the potential to be incorporated into larger high-speed/low energy trading systems