Revised multi‐segment goal programming: Percentage goal programming

Revised multi‐segment goal programming: Percentage goal programming

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Article ID: iaor20126786
Volume: 63
Issue: 4
Start Page Number: 1235
End Page Number: 1242
Publication Date: Dec 2012
Journal: Computers & Industrial Engineering
Authors: , ,
Keywords: decision
Abstract:

The multi‐segment goal programming (MSGP) model is an extension model of GP wherein the core thinking is inherited from the multi‐choice goal programming (MCGP) model. In this paper, we recommend certain points of the MSGP model and offer a Revised MSGP Model as an aid to burdened decision makers who cannot expect an either‐or selection of coefficients in practice. The proposed model takes into account a scenario in which the selection of all possible coefficients pertaining to each decision variable in the MSGP model can be an in‐between selection instead of an exclusive‐or selection. We hope this study can fill in a possible gap that might exist when applying the MSGP model, and can offer an extension model for practitioners when they use this model to solve related decision problems.

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