A method of determining the index weight based on ideal optimization scheme and its application

A method of determining the index weight based on ideal optimization scheme and its application

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Article ID: iaor20033256
Country: China
Volume: 20
Issue: 2
Start Page Number: 6
End Page Number: 9
Publication Date: Mar 2002
Journal: Systems Engineering
Authors: , ,
Abstract:

After analyzing the shortcoming of existing methods on determining the index weight, a method is presented on the basis of an ideal optimization scheme. Using optimization theory a mathematical model which optimizes the squared separation of projects being evaluated and an ideal optimization scheme is established. The exact solution has been found and an example shows the validity of this method.

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