Multiple Objective Decision Making - Methods and Applications

Language: English

Published by Springer, J.B. Metzler Feb 1979, 1979

3540091114 / 9783540091110

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This item is printed on demand - Print on Demand Titel. Neuware -Decision making is the process of selecting a possible course of action from all the available alternatives. In almost all such problems the multiplicity of criteria for judging the alternatives is pervasive. That is, for many such problems, the decision maker (OM) wants to attain more than one objective or goal in selecting the course of action while satisfying the constraints dictated by environment, processes, and resources. Another characteristic of these problems is that the objectives are apparently non commensurable. Mathematically, these problems can be represented as: (1. 1 ) subject to: gi(~) ~ 0, ,', . . . , ! where ~ is an n dimensional decision variable vector. The problem consists of n decision variables, m constraints and k objectives. Any or all of the functions may be nonlinear. In literature this problem is often referred to as a vector maximum problem (VMP). Traditionally there are two approaches for solving the VMP. One of them is to optimize one of the objectives while appending the other objectives to a constraint set so that the optimal solution would satisfy these objectives at least up to a predetermined level. The problem is given as: Max f. ~) 1 (1. 2) subject to: where at is any acceptable predetermined level for objective t. The other approach is to optimize a super-objective function created by multiplying each 2 objective function with a suitable weight and then by adding them together.Springer-Verlag KG, Sachsenplatz 4-6, 1201 Wien 372 pp. Englisch.

Seller Inventory # 9783540091110

Title
Multiple Objective Decision Making - Methods and Applications
Author
C. -L. Hwang
Publisher
Springer, J.B. Metzler Feb 1979
Publication year
1979
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3540091114
ISBN 13
9783540091110
Item weight
641 grams
Dimensions
244x170x21 mm

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