This article introduces two new techniques for solving the Quadratic Assignment Problem. The first is a heuristic technique, defined in accordance with the Ant System metaphor, and includes as a distinctive feature the use of a new lower bound at each constructive step. The second is a branch-and-bound exact approach, containing some elements introduced in the Ant algorithm. Computational results prove the effectiveness of both approaches.
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Vittorio Maniezzo (1999) studied this question.
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