When solving financial planning problems with multiple goals by means of multiple objective programming, the presence of fractional goals leads to technical difficulties. In this paper we present a straightforward interactive approach for solving such linear fractional programs with multiple goal variables. The approach is illustrated by means of an example in financial planning.

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doi.org/10.1016/0377-2217(94)00034-A, hdl.handle.net/1765/6061
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European Journal of Operational Research
Erasmus Research Institute of Management

Goedhart, M., & Spronk, J. (1995). Financial Planning with Fractional Goals. European Journal of Operational Research, 111–124. doi:10.1016/0377-2217(94)00034-A