Wednesday, September 23, 2009

Methods of handling multiple goals page 159

With some methods, the decision maker needs to search the solution space for an alternative that provides the required attainmemt of all goals while searching for an efficient solution.

Utility theory
: Utility theory is an attempt to infer subjective value, or utility, from choices. Utility theory can be used in both decision making under risk (where the probabilities are explicitly given) and in decision making under uncertainty (where the probabilities are not explicitly given). More...

Goal programming : It can be thought of as an extension or generalisation of linear programming to handle multiple, normally conflicting objective measures. Each of these measures is given a goal or target value to be achieved. More...

Expression of goals as constraints

A points system

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