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In this note, we describe an experiment on portfolio optimization using the Quadratic Unconstrained Binary Optimization (QUBO) formulation. The dataset we use is taken from a real-world problem for which a classical solution is currently…

Constrained multiobjective optimization has gained much interest in the past few years. However, constrained multiobjective optimization problems (CMOPs) are still unsatisfactorily understood. Consequently, the choice of adequate CMOPs for…

Neural and Evolutionary Computing · Computer Science 2023-02-07 Aljoša Vodopija , Tea Tušar , Bogdan Filipič

Quantum computers are expected to offer significant advantages in solving complex optimization problems that are challenging for classical computers. Quadratic Unconstrained Binary Optimization (QUBO) problems represent an important class…

Quantum Physics · Physics 2025-10-15 Teemu Pihkakoski , Aravind Plathanam Babu , Pauli Taipale , Petri Liimatta , Matti Silveri

We propose a novel hybrid quantum-classical framework that integrates the Quantum Approximate Optimization Algorithm (QAOA) and Quantum-enhanced Markov Chain Monte Carlo (QMCMC) with variational particle filters to tackle the computational…

Quantum Physics · Physics 2025-04-29 Abhiram Sripat

We present Quafu-Qcover, an open-source cloud-based software package designed for combinatorial optimization problems that support both quantum simulators and hardware backends. Quafu-Qcover provides a standardized and complete workflow for…

Quantum Physics · Physics 2023-05-30 BAQIS Quafu Group

Quantum computing provides powerful algorithmic tools that have been shown to outperform established classical solvers in specific optimization tasks. A core step in solving optimization problems with known quantum algorithms such as the…

Critical decision-making issues in science, engineering, and industry are based on combinatorial optimization; however, its application is inherently limited by the NP-hard nature of the problem. A specialized paradigm of analogue quantum…

Quantum Physics · Physics 2026-02-04 Rudraksh Sharma , Ravi Katukam , Arjun Nagulapally

Quantum computing offers an alternative paradigm for addressing combinatorial optimization problems compared to classical computing. Despite recent hardware improvements, the execution of empirical quantum optimization experiments at scales…

Optimizing the topology of networks is an important challenge across engineering disciplines. In energy systems, network reconfiguration can substantially reduce losses and costs and thus support the energy transition. Unfortunately, many…

This paper investigates the performance of the emerging non-variational Quantum Walk-based Optimisation Algorithm (NV-QWOA) for solving small instances of the Quadratic Assignment Problem (QAP). NV-QWOA is benchmarked against classical…

Quantum Physics · Physics 2026-01-06 Andrew Freeland , Jingbo Wang

Quantum computing exploits basic quantum phenomena such as state superposition and entanglement to perform computations. The Quantum Approximate Optimization Algorithm (QAOA) is arguably one of the leading quantum algorithms that can…

Machine Learning · Computer Science 2022-06-16 Sami Khairy , Ruslan Shaydulin , Lukasz Cincio , Yuri Alexeev , Prasanna Balaprakash

In this paper we present a novel strategy to solve optimization problems within a hybrid quantum-classical scheme based on quantum annealing, with a particular focus on QUBO problems. The proposed algorithm is based on an iterative…

Quantum Physics · Physics 2020-04-07 Enrico Blanzieri , Davide Pastorello

This work presents Quantum Adaptive Search (QAGS), a hybrid quantum-classical algorithm for the global optimization of multivariate functions. The method employs an adaptive mechanism that dynamically narrows the search space based on a…

Quantum Physics · Physics 2025-06-27 G. Intoccia , U. Chirico , V. Schiano Di Cola , G. Pepe , S. Cuomo

Current state-of-the-art quantum optimization algorithms require representing the original problem as a binary optimization problem, which is then converted into an equivalent cost Hamiltonian suitable for the quantum device. Implementing…

Quantum Physics · Physics 2025-03-26 Bence Bakó , Adam Glos , Özlem Salehi , Zoltán Zimborás

The Portfolio Optimization task has long been studied in the Financial Services literature as a procedure to identify the basket of assets that satisfy desired conditions on the expected return and the associated risk. A well-known approach…

A quantum-inspired optimization approach is proposed to study the portfolio optimization aimed at selecting an optimal mix of assets based on the risk-return trade-off to achieve the desired goal in investment. By integrating conventional…

Portfolio Management · Quantitative Finance 2024-11-15 Ying-Chang Lu , Chao-Ming Fu , Lien-Po Yu , Yen-Jui Chang , Ching-Ray Chang

The search for quantum algorithms to tackle classical combinatorial optimization problems has long been one of the most attractive yet challenging research topics in quantum computing. In this context, variational quantum algorithms (VQA)…

Quantum Physics · Physics 2025-04-15 Andoni Agirre , Evert Van Nieuwenburg , Matteo M. Wauters

Optimistic methods have been applied with success to single-objective optimization. Here, we attempt to bridge the gap between optimistic methods and multi-objective optimization. In particular, this paper is concerned with solving…

Optimization and Control · Mathematics 2016-12-28 Abdullah Al-Dujaili , S. Suresh

Graph partitioning is one of an important set of well-known compute-intense (NP-hard) graph problems that devolve to discrete constrained optimization. We sampled solutions to the problem via two different quantum-ready methods to…