Goal programming for decision making: An overview of the current state-of-the-art

There have been significant advances in the theory of goal programming (GP) in recent years, particularly in the area of intelligent modelling and solution analysis. The intention of this paper is to provide an overview of these developments, to detail and assess the current state-of-the-art in the...

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Bibliographic Details
Published in:European journal of operational research 1998-12, Vol.111 (3), p.569-581
Main Authors: Tamiz, Mehrdad, Jones, Dylan, Romero, Carlos
Format: Article
Language:English
Subjects:
Applied sciences
Decision analysis
Decision making
Decision theory. Utility theory
Exact sciences and technology
Goal programming
Mathematical models
Modelling
Operational research and scientific management
Operational research. Management science
Operations research
Pareto optimum
Studies
Utility functions
Utility theory
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Summary:There have been significant advances in the theory of goal programming (GP) in recent years, particularly in the area of intelligent modelling and solution analysis. The intention of this paper is to provide an overview of these developments, to detail and assess the current state-of-the-art in the subject, and to highlight areas which seem promising for future research. Modelling techniques such as detection and restoration of pareto efficiency, normalisation, redundancy checking, and non-standard utility function modelling are overviewed. The connection between GP and other multi-objective-programming techniques as well as a utility interpretation of GP are examined. The rationality of ranking Multi-Criteria Decision Making techniques, and of placing GP in such a ranking, is discussed.
ISSN:0377-2217
1872-6860
DOI:10.1016/S0377-2217(97)00317-2