Fisheries management involves many stakeholders with different opinions about how the fishery should be optimally managed. This paper presents a multi-objective bio-economic model, which is able to incorporate the preferences of managers and other stakeholders. The model is a weighted goal...

This chapter develops a methodology to assist critical facility operators in designing physical protection systems to defend against a single adversary (thief, saboteur, terrorist, etc.) attack. The developed methodology utilizes a multicriteria decision-making approach that balances the...

DMUo is efficient if and only if the maximum value of h o is equal to 1. Model (1) is solved for each DMU. Decision makers can use these efficiency ratings to identify those DMUs, which need improvement. A survey of DEA models and applications is available in the work by Charnes, Cooper, Lewin,...

Data envelopment analysis (DEA) is a multicriteria technique which can take into account multiple inputs and outputs to produce a single aggregate measure of relative efficiency for a set of comparable units. DEA takes into consideration other objectives by including the appropriate variables as...

For certain consumer durables, such as automobiles, warranty policies involve two attributes. These could be the time elapsed since sale of the product and usage of the product at a given point in time. Warranty may be invoked by the consumer if both time and usage are within specified warranty...

This chapter presents selected multiobjective methods for multiperiod portfolio optimization problem. Portfolio models are formulated as multicriteria mixed integer programs. Reference point method together with weighting approach is proposed. The portfolio selection problem considered is based...

Palliative care concentrates on reducing the severity of disease symptoms, rather than providing a cure. The goal is to prevent and relieve suffering and to improve the quality of life for people facing serious, complex illness. It is therefore critical in the palliative environment that...