Download e-book for kindle: Models and Methods in Multiple Criteria Decision Making by Gerard Colson, G. Colson, C. De Bruyn

By Gerard Colson, G. Colson, C. De Bruyn

ISBN-10: 0080379389

ISBN-13: 9780080379388

This quantity is dedicated to types and techniques in a number of ambitions selection making. the significance of the a number of dimensions of determination making was once first known in the course of the Sixties and because then growth has been made in that theoretical or software orientated contributions could now be categorised below major headings:- Multiattribute determination Making (MADM) which matters the sorting, the rating or the overview of items of selection in keeping with numerous standards and Multiobjective selection Making (MODM) which bargains with the vector optimization in mathematical programming. The above also are awarded within the context of assorted purposes, particularly banking, surroundings, overall healthiness, manpower, media, portfolio and site visitors regulate, leading to a booklet for a wide selection of readers.

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Additional resources for Models and Methods in Multiple Criteria Decision Making

Example text

Which constraint? 2 below). Let h = h + 1 and go to Step 2. 1. Sensitivity analysis. t. ,p) x > 0, t; : 0, t ;> 0, v > 0, z; unrestricted, where z7 * = z * + r; and e; are sufficiently small positive values, M; are arbitrarily large positive values, t; and t; are slack variables and n; are artificial variables. The perturbations proposed in Step 2 correspond to modifications of z7 * or b. Noticing that the basic variables, at the beginning of the procedure, are t 1 n and z;, the consequences on the criteria of the proposed perturbations are simply read, in the Simplex tableau, in columns t i and v; and in lines z; (see shadow prices in classical linear programming).

Larichev, Linear programming with multiple objective functions: STEP method (STEM). Math Program. 1, 366-375 (1971). 11. A. M. Geoffrion, J. S. Dyer and A. Feinberg, An interactive approach for multi-criterion optimization, with an application to the operation of an academic department. Mgmt Sci. 19(4), 357-368 (1972). 12. J. S. Dyer, A time-sharing computer program for the solution of the multiple criteria problem. Mgmt Sci. 19(12), 1379-1383 (1973). 13. S. Sadagopan and A. Ravindran, Interactive algorithms for multiple criteria nonlinear programming problems.

Step 4. If the DM is satisfied with the solution yt , stop; otherwise, return to Step 1. In principle, it is possible to implement the proposed procedure using any existing software package for MOLP, but it becomes very tedious. We use VIG, a visual interactive system developed by Korhonen [8] (see, also Ref. [9]), which is designed to support the modelling and solving of such linear decision models. In the proposed procedure the DM is an essential and integral part of the system, and he/she has complete freedom to change the bounds and the roles of the objectives and constraints during the process.

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Models and Methods in Multiple Criteria Decision Making by Gerard Colson, G. Colson, C. De Bruyn

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