Simulated annealing (SA) presents an optimization technique with several striking positive and negative features. Perhaps its most salient feature, statistically promising to deliver an optimal solution, in current practice is often spurned to use instead modified faster algorithms, “simulated quenching” (SQ). Using the author's Adaptive Simulated Annealing (ASA) code, some examples are given which demonstrate how SQ can be much faster than SA without sacrificing accuracy.
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Lester Ingber (1993) studied this question.
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