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Supply chain efficiency is a major challenge in today's business environment, where efficient resource allocation and coordination of activities are essential for competitive advantage. Traditional efficiency strategies often struggle for resources for the complex and dynamic network. In response, bio-inspired metaheuristic algorithms have emerged as powerful tools to solve these optimization problems. Referring to the random search nature of metaheuristic algorithms and emphasizing that no metaheuristic algorithm is the best optimizer for all optimization applications, the No Free Lunch (NFL) theorem encourages researchers to design newer algorithms to be able to provide more effective solutions to optimization problems. Motivated by the NFL theorem, the innovation and novelty of this paper is in designing a new meta-heuristic algorithm called Bobcat Optimization Algorithm (BOA) that imitates the natural behavior of bobcats in the wild. The basic inspiration of BOA is derived from the hunting strategy of bobcats during the attack towards the prey and the chase process between them. The theory of BOA is stated and then mathematically modeled in two phases (i) exploration based on the simulation of the bobcat's position change while moving towards the prey and (ii) exploitation based on simulating the bobcat's position change during the chase process to catch the prey. The performance of BOA is evaluated in optimization to handle the CEC 2017 test suite for problem dimensions equal to 10, 30, 50, and 100, as well as to address CEC 2020. The optimization results show that BOA has a high ability in exploration, exploitation, and balance them during the search process in order to achieve a suitable solution for optimization problems. The results obtained from BOA are compared with the performance of twelve well-known metaheuristic algorithms. The findings show that BOA has been successful in handling the CEC 2017 test suite in 89.65, 79.31, 93.10, and 89.65% of the functions for the problem dimension equal to 10, 30, 50, and 100, respectively. Also, the findings show that in order to handle the CEC 2020 test suite, BOA has been successful in 100% of the functions of this test suite. The statistical analysis confirms that BOA has a significant statistical superiority in the competition with the compared algorithms. Also, in order to analyze the efficiency of BOA in dealing with real world applications, twenty-two constrained optimization problems from CEC 2011 test suite and four engineering design problems have been selected. The findings show that BOA has been successful in 90.90% of CEC2011 test suite optimization problems and in 100% of engineering design problems. In addition, the efficiency of BOA to handle SCM applications has been challenged to solve ten case studies in the field of sustainable lot size optimization. The findings show that BOA has successfully provided superior performance in 100% of the case studies compared to competitor algorithms. [ABSTRACT FROM AUTHOR]

Supply Chain (SC) Optimization is a key activity in today's industry with the goal of increasing operational efficiency, reducing costs, and improving customer satisfaction. Traditional optimization methods often struggle to effectively use resources while handling complex and dynamic Supply chain networks. This paper introduces a novel biomimetic metaheuristic algorithm called the Wombat Optimization Algorithm (WOA) for supply chain optimization. This algorithm replicates the natural behaviors observed in wombats living in the wild, particularly focusing on their foraging tactics and evasive maneuvers towards predators. The theory of WOA is described and then mathematically modeled in two phases: (i) exploration based on the simulation of wombat movements during foraging and trying to find food and (ii) exploitation based on simulating wombat movements when diving towards nearby tunnels to defend against its predators. The effectiveness of WOA in addressing optimization challenges is assessed by handling the CEC 2017 test suite across various problem dimensions, including 10, 30, 50, and 100. The findings of the optimization indicate that WOA demonstrates a strong ability to effectively manage exploration and exploitation, and maintains a balance between them throughout the search phase to deliver optimal solutions for optimization problems. A total of twelve well-known metaheuristic algorithms are called upon to test their performance against WOA in the optimization process. The outcomes of the simulations reveal that WOA outperforms the other algorithms, achieving superior results across most benchmark functions and securing the top ranking as the most efficient optimizer. Using a Wilcoxon rank sum test statistical analysis, it has been proven that WOA outperforms other algorithms significantly. WOA is put to the test with twenty-two constrained optimization problems from the CEC 2011 test suite and four engineering design problems to showcase its ability to solve real-world optimization problems. The results of the simulations demonstrate that WOA excels in real-world applications by delivering superior solutions and outperforming its competitors. [ABSTRACT FROM AUTHOR]

A new bio-inspired metaheuristic algorithm named the Pufferfish Optimization Algorithm (POA), that imitates the natural behavior of pufferfish in nature, is introduced in this paper. The fundamental inspiration of POA is adapted from the defense mechanism of pufferfish against predators. In this defense mechanism, by filling its elastic stomach with water, the pufferfish becomes a spherical ball with pointed spines, and as a result, the hungry predator escapes from this threat. The POA theory is stated and then mathematically modeled in two phases: (i) exploration based on the simulation of a predator's attack on a pufferfish and (ii) exploitation based on the simulation of a predator's escape from spiny spherical pufferfish. The performance of POA is evaluated in handling the CEC 2017 test suite for problem dimensions equal to 10, 30, 50, and 100. The optimization results show that POA has achieved an effective solution with the appropriate ability in exploration, exploitation, and the balance between them during the search process. The quality of POA in the optimization process is compared with the performance of twelve well-known metaheuristic algorithms. The simulation results show that POA provides superior performance by achieving better results in most of the benchmark functions in order to solve the CEC 2017 test suite compared to competitor algorithms. Also, the effectiveness of POA to handle optimization tasks in real-world applications is evaluated on twenty-two constrained optimization problems from the CEC 2011 test suite and four engineering design problems. Simulation results show that POA provides effective performance in handling real-world applications by achieving better solutions compared to competitor algorithms. [ABSTRACT FROM AUTHOR]