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Decisions in Multiple-objective Situations

  • K. J. Radford

Abstract

To this point in the book, we have considered situations in which the decision-maker has been assumed to be working with only one objective and therefore only one criterion of choice between courses of action. We have discussed the use of a number of criteria, such as minimization of cost, maximization of profit and greatest expected value, but not situations in which two or more criteria must be considered at the same time. It is, however, only in the most routine situations in modern life that it can be assumed that a single criterion of choice between alternatives will provide a satisfactory resolution of a problem.

Keywords

Goal Programming Evaluation Factor Weighted Score Decision Situation Compensatory Model 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 1989

Authors and Affiliations

  • K. J. Radford
    • 1
  1. 1.York UniversityCanada

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