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A GOAL PROGRAMMING MODEL FOR THE BEST POSSIBLE SOLUTION TO LOAN ALLOCATION PROBLEMS
Sharma, Dinesh-K.,Ghosh, Debasis,Alade, Julius-A. 한국전산응용수학회 2002 The Korean journal of computational & applied math Vol.9 No.1
In this paper, we propose a multi-Criteria decision making approach to address the problem of finding the best possible solution in credit unions. Sensitivity analysis on the priority structure of the goals has been performed to obtain all possible solutions. The study uses the Euclidean distance method to measure distances of all possible solutions from the identified ideal solution. The possible optimum solution is determined from the minimum distance between the ideal solution and other possible solutions of the Problem.
MANAGEMENT DECISION-MAKING FOR SUGARCANE FERTILIZER MIX PROBLEMS THROUGH GOAL PROGRAMMING
Sharma, Dinesh K.,Ghosh, Debasis,Alade, Julius A. 한국전산응용수학회 2003 Journal of applied mathematics & informatics Vol.13 No.1
This paper presents a goal-programming (GP) model for management decision-making for sugarcane fertilizer mix problems. Sensitivity analysis on the priority structure of the goals has been performed to obtain all possible solutions. The study uses Euclidean distance function to measure distances of all possible solutions from the ideal solution. The optimum solution is determined from the minimum distance between the ideal solution and other possible solutions of the problem. The optimum solution corresponds to the appropriate priority structure of the problem in the decision-making context. furthermore, the results obtained from sensitivity analysis on the cost of combination of fertilizers confirm the priority structure.