Error noted in a Case Study on fund allocation using goal programming

Error noted in a Case Study on fund allocation using goal programming

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Article ID: iaor19991050
Country: Netherlands
Volume: 97
Issue: 1
Start Page Number: 213
End Page Number: 214
Publication Date: Feb 1997
Journal: European Journal of Operational Research
Authors: ,
Keywords: programming: goal
Abstract:

In a recent volume of European Journal of Operational Research [see IAOR 62998] a Case Study concerning fund allocation using goal programming was reported. However, the goal program model given was incomplete and the solution provided incorrect. In this short communication we propose a more correct formulation. The correctly formulated problem has multiple solutions. It is demonstrated that at least one solution is better than the solution reported in the original paper.

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