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Advantages, sensitivity and application efficiency of the new iterative method to solve multi-objective linear fractional programming problem

Author

Listed:
  • Tunjo Perić

    (University of Zagreb)

  • Josip Matejaš

    (University of Zagreb)

  • Zoran Babić

    (University of Split)

Abstract

In the paper we consider advantages, sensitivity and application efficiency of the new method for solving multi-objective linear fractional programming problems. The proposed method is an iterative and numerically simple method that provides a unique solution in each iteration. The obtained solution is iteratively evaluated with the possibility of coarse and fine adjustment based on aspirations and cooperation among decision makers. Some relevant examples from the literature were used to present the stated properties and advantages of the proposed method in relation to the existing ones.

Suggested Citation

  • Tunjo Perić & Josip Matejaš & Zoran Babić, 2023. "Advantages, sensitivity and application efficiency of the new iterative method to solve multi-objective linear fractional programming problem," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 31(3), pages 751-767, September.
    • Handle: RePEc:spr:cejnor:v:31:y:2023:i:3:d:10.1007_s10100-023-00848-2
    DOI: 10.1007/s10100-023-00848-2
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    References listed on IDEAS

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    Cited by:

    1. Janez Povh & Lidija Zadnik Stirn & Janez Žerovnik, 2023. "60 years of OR in Slovenia: development from a first conference to a vibrant community," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 31(3), pages 681-690, September.

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