The refers to the ability to achieve multiple objectives at the same time

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Center for Applied Optim. Dept. Industrial and Systems Engin., Univ. Florida, Gainesville, FL, 32611, USA

Panos M. Pardalos

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© 2001 Kluwer Academic Publishers

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Korhonen, P. (2001). Multiple Objective Programming Support . In: Floudas, C.A., Pardalos, P.M. (eds) Encyclopedia of Optimization. Springer, Boston, MA. https://doi.org/10.1007/0-306-48332-7_327

Analyzing decisions with multiple objectives requires thought about issues not relevant to single-objective decisions. The two key issues are identifying an appropriate set of objectives and prioritizing them. Both tasks may appear to be almost trivial: just write down your objectives and state your priorities. Experiments and experience indicate that this approach is inadequate for decisions worthy of thought. Identifying a complete set of independent objectives and prioritizing those objectives requires concepts, logical foundations, and thought-provoking procedures to create quality results. Those concepts, foundations, and procedures are presented and illustrated. Their use is described on two significant problems, allocating funds to alleviate different homeland security hazards and evaluating potential customers for American Express charge and credit cards.

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Keywords

Decision analysis

Problem structuring

Preference elicitation

Multi-criteria decision making

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Copyright © 2013 The Author(s). Published by Elsevier B.V. on behalf of Association of European Operational Research Societies (EURO). Published by Elsevier Ltd All rights reserved.

The _____ refers to the ability to achieve multiple objectives at the same time.


A) make-or-buy decision
B) "genius of the and"
C) management myopia
D) laissez faire style
E) just-in-time manufacturing

What is the term for a technique that identifies both what prevents people from changing and what will impel them toward change?

Identifying the specific forces that prevent people from changing and those that will drive people toward change is called. force-field analysis.

Which statement about enduringly great companies is true?

Which statement about enduringly great companies is true? They have strong core values.