Multi-Objective Bayesian Optimization for Networked Black-Box Systems: A Path to Greener Profits and Smarter Designs
arXiv:2502.14121v2 Announce Type: replace Abstract: Designing modern industrial systems requires balancing several competing objectives, such as profitability, resilience, and sustainability, while accounting for complex interactions between technological, economic, and environmental factors. Multi-objective optimization (MOO) methods are commonly used to navigate these tradeoffs, but selecting the appropriate algorithm to tackle these problems is often unclear, particularly when system representations vary from fully equation-based (white-box) to entirely data-driven (black-box) models. While grey-box MOO methods attempt to bridge this gap, they […]