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Designing a production process normally is involved with some important constraints such as uncertainty, trade-off between production costs and quality, customer’s expectations and production tolerances. In this paper, a novel multi-objective robust optimization model is introduced to...
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Recent research on robust decision aiding has focused on identifying a range of recommendations from preferential information and the selection of representative models compatible with preferential constraints.This study presents an experimental analysis on the relationship between the results...
Persistent link: https://www.econbiz.de/10013000932
Finance is a popular field for applied and methodological research involving multiple criteria decision aiding (MCDA) techniques. In this study we present an up-to-date bibliographic survey of the contributions of MCDA in financial decision making, focusing on the developments during the past...
Persistent link: https://www.econbiz.de/10013000945
This study focuses on retail promotion planning problem in a multi-objective, multimarket and multi-period framework and concomitantly addresses the following questions: What are the conditions for a retailer to offer an online promotion to all or a select set of the markets it is operating in?...
Persistent link: https://www.econbiz.de/10013001849
Value management model has been implemented the alternatives of the interior walls with different specifications for dormitory building in Eastern Mediterranean University, North Cyprus. The first goal is Excellence key processes LCCA Rating for six alternative interior walls of the dormitory...
Persistent link: https://www.econbiz.de/10013007633
An on-line supervisory computer control model for optimization of multiple objective programming problems is developed and applied to machining problems. Specifically, the turning operation is formulated and solved by the approach. For the first time, the characteristics of on-line...
Persistent link: https://www.econbiz.de/10012962554
In this paper a microcomputer software package is implemented to help the decision maker (DM) to obtain the best energy conservation policy in the melting phase of glass production. A multiple objective linear programming formulation for the melting phase is developed that demonstrates how...
Persistent link: https://www.econbiz.de/10012962557
The purpose of this paper is to address the crucial problem faced by managers in choosing between fair value and cost method using a systematic and rationale ranking of various criteria. The approach used to solve such problem is the analytical hierarchy process developed by Saaty (1980). The...
Persistent link: https://www.econbiz.de/10012962968