Application of goal programming in project selection decision – a case study from the Indian coal mining industry

Application of goal programming in project selection decision – a case study from the Indian coal mining industry

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Article ID: iaor19981247
Country: Netherlands
Volume: 82
Issue: 1
Start Page Number: 18
End Page Number: 25
Publication Date: Apr 1995
Journal: European Journal of Operational Research
Authors: ,
Keywords: programming: goal
Abstract:

This paper includes the solution of a project selection decision applying goal programming technique. A case example from the Indian coal mining industry has been taken up and discussed. A framework is introduced incorporating ratings from experts for computation of goal weights and also normalisation of deviational variables. Stochasticity of demand is included in model formulation.

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