To a great extent, both algorithms are very good solvers and can provide optimal solutions if the right set of parameters are set. If solution quality is important, cooling rate that is very close to one should be set for simulated annealing but this increases the no of iterations the algorithm will perform. For a tour of less than 500, an Absolute temperature of 10000 is recommended. For Genetic Algorithm the larger the population the higher the possibility of getting an optimal solution but run time increases exponentially. Generally there exists a broad trade-off between runtime and solution quality.