COMPARATIVE EVALUATION OF SOME INTERACTIVE APPROACHES TO MULTICRITERION OPTIMIZATION.

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Abstract

This paper describes the results of a laboratory experiment, the purpose of which was to compare from a human decision-maker's point of view the performance of the interactive methods for multicriterion optimization recently developed by A. M. Geoffrion and R. Benayoun et al. (STEP-method), and a simple trial-and-error procedure for solving the multiple criteria problem. All the methods were tested on a time-sharing system using as subjects both business school students and managers recruited from industry. The experimental context chosen is a problem of planning production, inventory and labor for a fictitious company.

Details

Original languageEnglish
Pages (from-to)1387-1396
Number of pages10
JournalManagement Science
Volume21
Issue number12
Publication statusPublished - Aug 1975
MoE publication typeA1 Journal article-refereed

ID: 9890202