20 years of Greedy Randomized Adaptive Search Procedures with Path Relinking

This is a comprehensive review of the Greedy Randomized Adaptive Search Procedure (GRASP) metaheuristic and its hybridization with Path Relinking (PR) over the past two decades. GRASP with PR has become a widely adopted approach for solving hard optimization problems since its proposal in 1999. The paper covers the historical development of GRASP with PR and its theoretical foundations, as well as recent advances in its implementation and application. The review includes a critical analysis of variants of PR, including memory-based and randomized designs, with a total of ten different implementations. It describes these advanced designs both theoretically and practically on two well-known optimization problems, linear ordering and max-cut. The paper also explores the hybridization of GRASP with PR and other metaheuristics, such as Tabu Search and Scatter Search. Overall, this review provides valuable insights for researchers and practitioners seeking to utilize GRASP with PR for solving optimization problems.