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Optimization
A Journal of Mathematical Programming and Operations Research
Volume 26, 1992 - Issue 3-4
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Original Articles

A Class of penalty functions for optimization problema with bound constraints

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Pages 239-259 | Published online: 28 Nov 2010
 

Abstract

In this paper we propose a new class of continuously differentiable globally exact penalty functions for the solution of minimization problems with simple bounds on some (all) of the variables. The penalty functions in this class fully exploit the structure of the problem and are easily computable. Furthermore we introduce a simple updating rule for the penalty parameter that can be used in conjunction with unconstrained minimization techniques to solve the original problem.

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