Corrections to the authors' paper "Linear Multiparametric Programming by Multicriteria Simplex Method," Management Science, Vol. 23, No. 2, October 1976, pp. 159-170.

A probabilistic investment model is formulated as a Wiener process with a barrier. A planning horizon, targeted rate of return, discount rate, and the mean and variance rate of return are the important parameters in the model. Sensitivity analyses are studied. Several significant statements can...

In optimal design problems we try to select a subset from the opportunity set for commitment for a period of time. As the external parameters can vary with time, optimal contingency plans must be constructed to cope with the external conditions. We describe the formulation and methods for...

Given a set of utility functions defined on a decision space for a group of individuals, we introduce the concept of utopia point for the group as well as the group regret of a feasible decision. The group regret of a decision varies with a class of distance functions. The class of solutions...

We report some new results on compromise solutions studied by Yu [Yu, P. L. 1973. A class of decisions for group decision problems. Management Sci. 19 (8, April) 936-946]. The following article focuses on the relation between the compromise solution and its parameter. In particular, we show...