ERROR NOTED IN A CASE-STUDY ON FUND ALLOCATION USING GOAL PROGRAMMING

In a recent volume of European Journal of Operational Research a Case Study concerning fund allocation using goal programming was reported. However, the goal program model given was incomplete and the solution provided incorrect. In this short communication we propose a more corr ect formulation. The correctly formulated problem has multiple solutio ns. It is demonstrated that at least one solution is better than the s olution reported in the original paper.