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A New Application for the Goal Programming—The Target Decision Rule for Uncertain Problems

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  • Helena Gaspars-Wieloch

    (Department of Operations Research and Mathematical Economics, Institute of Informatics and Quantitative Economics, Poznan University of Economics and Business, 61-875 Poznan, Poland)

Abstract

The goal programming (GP) is a well-known approach applied to multi-criteria decision making (M-DM). It has been used in many domains and the literature offers diverse extensions of this procedure. On the other hand, so far, some evident analogies between M-DM under certainty and scenario-based one-criterion decision making under uncertainty (1-DMU) have not been revealed in the literature. These similarities give the possibility to adjust the goal programming to an entirely new domain. The purpose of the paper is to create a novel method for uncertain problems on the basis of the GP ideas. In order to achieve this aim we carefully examine the analogies occurring between the structures of both issues (M-DM and 1-DMU). We also analyze some differences resulting from a different interpretation of the data. By analogy to the goal programming, four hybrids for 1-DMU are formulated. They differ from each other in terms of the type of the decision maker considered (pessimist, optimist, moderate). The new decision rule may be helpful when solving uncertain problems since it is especially designed for neutral criteria, which are not taken into account in existing procedures developed for 1-DMU.

Suggested Citation

  • Helena Gaspars-Wieloch, 2020. "A New Application for the Goal Programming—The Target Decision Rule for Uncertain Problems," JRFM, MDPI, vol. 13(11), pages 1-14, November.
  • Handle: RePEc:gam:jjrfmx:v:13:y:2020:i:11:p:280-:d:444515
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    References listed on IDEAS

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    Cited by:

    1. Zishuo Huang & Yingfang Liu & Jing Gao & Zhenwei Peng, 2022. "Approach for Village Carbon Emissions Index and Planning Strategies Generation Based on Two-Stage Optimization Models," Land, MDPI, vol. 11(5), pages 1-20, April.
    2. Helena Gaspars-Wieloch, 2023. "Scenario planning as a new application area for TOPSIS," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 33(2), pages 23-34.

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