Article ID: | iaor1998261 |
Country: | United Kingdom |
Volume: | 24 |
Issue: | 6 |
Start Page Number: | 569 |
End Page Number: | 580 |
Publication Date: | Jun 1997 |
Journal: | Computers and Operations Research |
Authors: | Kim Soung-Hie, Ahn Byeong-Seok, Choi Sang-Hyun |
Keywords: | financial, programming: goal, decision: applications |
This article examines the application of multi-objective linear goal programming in military budget planning. A lot of uncertainty exists in coefficients because of the difficulties in gathering accurate data in the defense domain. A solution is not generally made in a single step but is part of a process using a multiple criteria decision support system. We recommend an approach using a rule-based post-optimal analysis for further interaction, to overcome these difficulties and yield a satisfactory solution. We achieved a saving in the annual budget in our case study. This system can also help to guarantee unforeseen military budget planning and provide a pragmatic approach to rigorously analyzing programming and budgeting issues.