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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 promising quantum-classical hybrid technique to solve combinatorial optimization problems in near-term gate-based noisy quantum devices. In QAOA, the objective is a function of the…

Quantum Physics · Physics 2019-07-24 Mahabubul Alam , Abdullah Ash-Saki , Swaroop Ghosh

QAOA is a hybrid quantum-classical algorithm to solve optimization problems in gate-based quantum computers. It is based on a variational quantum circuit that can be interpreted as a discretization of the annealing process that quantum…

Quantum Physics · Physics 2025-05-28 Francisco Chicano , Zakaria Abdelmoiz Dahi , Gabriel Luque

Quantum computation is expected to accelerate certain computational task over classical counterpart. Its most primitive advantage is its ability to sample from classically intractable probability distributions. A promising approach to make…

Quantum Physics · Physics 2024-07-26 Yuichiro Nakano , Hideaki Hakoshima , Kosuke Mitarai , Keisuke Fujii

Multiple-input multiple-output (MIMO) is critical for 6G communication, offering improved spectral efficiency and reliability. However, conventional fully digital designs face significant challenges due to high hardware complexity and power…

Emerging Technologies · Computer Science 2025-10-21 Nikos A Mitsiou , Ioannis Krikidis , George K Karagiannidis

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

Airlines today are faced with a number of large scale scheduling problems. One such problem is the tail assignment problem, which is the task of assigning individual aircraft to a given set of flights, minimizing the overall cost. Each…

Quantum Approximate Optimization algorithm (QAOA) aims to search for approximate solutions to discrete optimization problems with near-term quantum computers. As there are no algorithmic guarantee possible for QAOA to outperform classical…

Quantum Physics · Physics 2022-07-25 Bingzhi Zhang , Akira Sone , Quntao Zhuang

Quantum optimization allows for up to exponential quantum speedups for specific, possibly industrially relevant problems. As the key algorithm in this field, we motivate and discuss the Quantum Approximate Optimization Algorithm (QAOA),…

Quantum Physics · Physics 2025-11-18 Jonas Stein , Maximilian Zorn , Leo Sünkel , Thomas Gabor

A frequent starting point of quantum computation platforms are two-state quantum systems, i.e., qubits. However, in the context of integer optimization problems, relevant to scheduling optimization and operations research, it is often more…

The computational capabilities of near-term quantum computers are limited by the noisy execution of gate operations and a limited number of physical qubits. Hybrid variational algorithms are well-suited to near-term quantum devices because…

Quantum Physics · Physics 2024-10-09 Teague Tomesh , Nicholas Allen , Daniel Dilley , Zain Saleem

An important property of QAOA with Grover mixer is that its expectation value is invariant over any permutation of states. As a consequence, the algorithm is independent of the structure of the problem. If, on the one hand, this…

Quantum Physics · Physics 2024-11-08 Guilherme Adamatti Bridi , Franklin de Lima Marquezino

The Quantum Approximate Optimization Algorithm (QAOA) adopts a hybrid quantum-classical approach to find approximate solutions to variational optimization problems. In fact, it relies on a classical subroutine to optimize the parameters of…

Quantum Physics · Physics 2023-07-31 Simone Tibaldi , Davide Vodola , Edoardo Tignone , Elisa Ercolessi

Quantum Approximate Optimization Algorithm (QAOA) is one of the most promising quantum algorithms for the Noisy Intermediate-Scale Quantum (NISQ) era. Quantifying the performance of QAOA in the near-term regime is of utmost importance. We…

Quantum Physics · Physics 2022-06-16 Ruslan Shaydulin , Yuri Alexeev

We propose and study Th-QAOA (pronounced Threshold QAOA), a variation of the Quantum Alternating Operator Ansatz (QAOA) that replaces the standard phase separator operator, which encodes the objective function, with a threshold function…

Quantum Physics · Physics 2022-06-06 John Golden , Andreas Bärtschi , Daniel O'Malley , Stephan Eidenbenz

The Quantum Approximate Optimization Algorithm (QAOA) -- one of the leading algorithms for applications on intermediate-scale quantum processors -- is designed to provide approximate solutions to combinatorial optimization problems with…

Quantum Physics · Physics 2024-09-18 Pontus Vikstål , Laura García-Álvarez , Shruti Puri , Giulia Ferrini

Quantum computing may provide advantage in solving classical optimization problems. One promising algorithm is the quantum approximate optimization algorithm (QAOA). There have been many proposals for improving this algorithm, such as using…

Quantum Physics · Physics 2023-10-17 Vishvesha K. Sridhar , Yanzhu Chen , Bryan Gard , Edwin Barnes , Sophia E. Economou

The Quantum Approximate Optimization Algorithm (QAOA) is a promising algorithm for solving combinatorial optimization problems (COPs), with performance governed by variational parameters $\{\gamma_i, \beta_i\}_{i=0}^{p-1}$. While most prior…

Quantum Physics · Physics 2025-08-07 J. A. Montanez-Barrera , Kristel Michielsen

The quantum approximate optimization algorithm (QAOA) is an appealing proposal to solve NP problems on noisy intermediate-scale quantum (NISQ) hardware. Making NISQ implementations of the QAOA resilient to noise requires short ansatz…

The Quantum Approximate Optimization Algorithm (QAOA) is a leading framework for quantum combinatorial optimization. The Vehicle Routing Problem (VRP), a core problem in logistics and transportation, is a natural application target, but it…

Emerging Technologies · Computer Science 2026-04-09 Yuan-Zheng Lei , Yaobang Gong , Xianfeng Terry Yang , Nii Attoh-Okine
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