Title :
Use of the displaced worst compromise in interactive multiobjective programming
Author :
Michalowski, Wojtek
Author_Institution :
Sch. of Bus., Carleton Univ., Ottawa, Ont., Canada
Abstract :
The development and application of an interactive multiple-objective linear programming algorithm are considered. The displaced worst compromise is used as a reference point, to select the most preferred decision alternative. This point represents the undesired target values, which a decision-maker would prefer to avoid. To reflect the dynamics of a decisionmaker´s preferences, use is made of the concept of a displaced point which captures changes of reference during the decision process. An illustrative example is presented to show the process of reaching a final compromise decision
Keywords :
linear programming; management science; decision making; decision process; displaced worst compromise; interactive multiobjective programming; linear programming; management science; reference point; Councils; Cybernetics; Linear programming;
Journal_Title :
Systems, Man and Cybernetics, IEEE Transactions on