Financial Planning with Fractional Goals
European Journal of Operational Research p. 111- 124
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.
|financial Planning, fractional programming, goal programming, multiple-criteria decision making|
|ERIM Top-Core Articles|
|European Journal of Operational Research|
|Organisation||Erasmus Research Institute of Management|
Goedhart, M.H, & Spronk, J. (1995). Financial Planning with Fractional Goals. European Journal of Operational Research, 111–124. doi:10.1016/0377-2217(94)00034-A