Goal programming with dynamic goals

Goal programming with dynamic goals

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Article ID: iaor2000467
Country: United Kingdom
Volume: 7
Issue: 4
Start Page Number: 217
End Page Number: 229
Publication Date: Jul 1998
Journal: Journal of Multi-Criteria Decision Analysis
Authors: , , , ,
Abstract:

The aim of this paper is to present a dynamic goal programming scheme. Throughout the revised literature, most of the dynamic goal programming approaches use target values on the final value of the objective functionals. In this paper, dynamic target values are assumed, so that they control not only the final values of the corresponding functionals, but their evolution along the planning period. As a result, the scalar problems are also dynamic ones, where the evolution of the deviation variables is minimized. A lexicographic dynamic goal programming algorithm is developed on this basis, and some considerations are made on the efficiency of the final solutions.

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