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DECISION ANALYSIS THROUGH GOAL PROGRAMMING
Author(s) -
LEE SANG M.
Publication year - 1971
Publication title -
decision sciences
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.238
H-Index - 108
eISSN - 1540-5915
pISSN - 0011-7315
DOI - 10.1111/j.1540-5915.1971.tb01452.x
Subject(s) - goal programming , computer science , decision analysis , management science , linear programming , operations research , risk analysis (engineering) , mathematics , economics , mathematical economics , business , algorithm
In recent years, decision making based on systematic analysis has been greatly emphasized. Yet, decision analysis is often carried out without analyzing the limitations of certain quantitative techniques. This paper presents the concept, solution method, and application potential of goal programming which eliminates many limitations of conventional linear optimization models.