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Quantum Annealing (QA) and the Quantum Approximate Optimization Algorithm (QAOA) are two special cases of the following control problem: apply a combination of two Hamiltonians to minimize the energy of a quantum state. Which is more…

Currency arbitrage capitalizes on price discrepancies in currency exchange rates between markets to produce profits with minimal risk. By employing a combinatorial optimization problem, one can ascertain optimal paths within directed…

Computational Finance · Quantitative Finance 2025-02-25 Sangram Deshpande , Elin Ranjan Das , Frank Mueller

The Quantum Approximate Optimization Algorithm (QAOA) is a quantum-classical hybrid algorithm intending to find the ground state of a target Hamiltonian. Theoretically, QAOA can obtain the approximate solution if the quantum circuit is deep…

Quantum Physics · Physics 2022-04-26 Yahui Chai , Yong-Jian Han , Yu-Chun Wu , Ye Li , Menghan Dou , Guo-Ping Guo

The quantum approximate optimization algorithm (QAOA) transforms a simple many-qubit wavefunction into one which encodes a solution to a difficult classical optimization problem. It does this by optimizing the schedule according to which…

Quantum Physics · Physics 2022-06-29 Yunlong Yu , Chenfeng Cao , Carter Dewey , Xiang-Bin Wang , Nic Shannon , Robert Joynt

Quantum annealing (QA) has the potential to significantly improve solution quality and reduce time complexity in solving combinatorial optimization problems compared to classical optimization methods. However, due to the limited number of…

Quantum Physics · Physics 2025-04-09 Seongmin Kim , Sang-Woo Ahn , In-Saeng Suh , Alexander W. Dowling , Eungkyu Lee , Tengfei Luo

Analytical and practical evidence indicates the advantage of quantum computing solutions over classical alternatives. Quantum-based heuristics relying on the variational quantum eigensolver (VQE) and the quantum approximate optimization…

Quantum Physics · Physics 2023-01-05 Sarthak Gupta , Vassilis Kekatos

As combinatorial optimization is one of the main quantum computing applications, many methods based on parameterized quantum circuits are being developed. In general, a set of parameters are being tweaked to optimize a cost function out of…

Quantum Physics · Physics 2022-05-09 Charles Moussa , Hao Wang , Thomas Bäck , Vedran Dunjko

Variational quantum algorithms offer fascinating prospects for the solution of combinatorial optimization problems using digital quantum computers. However, the achievable performance in such algorithms and the role of quantum correlations…

Quantum Physics · Physics 2024-01-10 Gopal Chandra Santra , Fred Jendrzejewski , Philipp Hauke , Daniel J. Egger

Quantum Approximate Optimization Algorithm (QAOA) enables solving combinatorial optimization problems on quantum computers by optimizing variational parameters for quantum circuits. We investigate a simplified approach that combines linear…

Quantum Physics · Physics 2025-05-26 Ryo Sakai , Hiromichi Matsuyama , Wai-Hong Tam , Yu Yamashiro

Discrete radio resource management problems in dense wireless networks are naturally cast as quadratic unconstrained binary optimization (QUBO) programs but are difficult to solve at scale. We investigate a quantum-classical approach based…

Quantum Physics · Physics 2026-02-10 Kuan-Cheng Chen , Hiromichi Matsuyama , Wei-hao Huang , Yu Yamashiro

Constrained combinatorial optimization with strict linear constraints underpins applications in drug discovery, power grids, logistics, and finance, yet remains computationally demanding for classical algorithms, especially at large scales.…

Quantum Physics · Physics 2026-04-07 Yajie Hao , Qiming Ding , Xiao Yuan , Xiaoting Wang

Effectively encoding inequality constraints is a primary obstacle in applying quantum algorithms to financial optimization. A quantum model for Markowitz portfolio optimization is presented that resolves this by embedding slack variables…

Optimization and Control · Mathematics 2026-01-08 Pablo Thomassin , Guillaume Guerard , Sonia Djebali , Vincent Marc Lambert

We introduce a novel approach to translate arbitrary 3-SAT instances to Quadratic Unconstrained Binary Optimization (QUBO) as they are used by quantum annealing (QA) or the quantum approximate optimization algorithm (QAOA). Our approach…

The Quantum approximate optimization algorithm (QAOA) is one of the most promising candidates for achieving quantum advantage through quantum-enhanced combinatorial optimization. In a typical QAOA setup, a set of quantum circuit parameters…

Quantum Physics · Physics 2021-06-15 Alexey Galda , Xiaoyuan Liu , Danylo Lykov , Yuri Alexeev , Ilya Safro

Quantum annealing is a method developed to solve combinatorial optimization problems by utilizing quantum bits. Solving such problems corresponds to minimizing a cost function defined over binary variables. However, in many practical cases,…

Quantum Physics · Physics 2025-06-26 Seiya Endo , Shohei Kawakatsu , Hiromichi Matsuyama , Kohei Suzuki , Yuichiro Matsuzaki

We apply our recent Quantum Approximate Optimization Algorithm to the combinatorial problem of bounded occurrence Max E3LIN2. The input is a set of linear equations each of which contains exactly three boolean variables and each equation…

Quantum Physics · Physics 2015-06-26 Edward Farhi , Jeffrey Goldstone , Sam Gutmann

The major advances in quantum computing over the last few decades have sparked great interest in applying it to solve the most challenging computational problems in a wide variety of areas. One of the most pronounced domains here are…

Quantum Physics · Physics 2024-04-11 Andreas Sturm , Bharadwaj Mummaneni , Leon Rullkötter

We propose an IR for quantum computing that directly exposes quantum and classical data dependencies for the purpose of optimization. The Quantum Intermediate Representation for Optimization (QIRO) consists of two dialects, one input…

Quantum Physics · Physics 2022-04-14 David Ittah , Thomas Häner , Vadym Kliuchnikov , Torsten Hoefler

Quantum Approximate Optimization Algorithm (QAOA) is one of the most promising quantum heuristics for combinatorial optimization. While QAOA has been shown to perform well on small-scale instances and to provide an asymptotic speedup over…

The quantum approximate optimization algorithm (QAOA) applies two Hamiltonians to a quantum system in alternation. The original goal of the algorithm was to drive the system close to the ground state of one of the Hamiltonians. This paper…

Quantum Physics · Physics 2018-12-31 Seth Lloyd
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