FINANCIAL-PLANNING WITH FRACTIONAL GOALS

Authors
GOEDHART MH SPRONK J
Citation
Mh. Goedhart et J. Spronk, FINANCIAL-PLANNING WITH FRACTIONAL GOALS, European journal of operational research, 82(1), 1995, pp. 111-124
Citations number
18
Categorie Soggetti
Management,"Operatione Research & Management Science
Journal title
European journal of operational research → ACNP
ISSN journal
03772217
Volume
82
Issue
1
Year of publication
1995
Pages
111 - 124
Database
ISI
SICI code
0377-2217(1995)82:1<111:FWFG>2.0.ZU;2-B
Abstract
When solving financial planning problems with multiple goals by means of multiple objective programming, the presence of fractional goals le ads to technical difficulties. In this paper we present a straightforw ard interactive approach for solving such linear fractional programs w ith multiple goal variables. The approach is illustrated by means of a n example in financial planning.