Search results for "classification of objectives"

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Interactive multiobjective optimization with NIMBUS for decision making under uncertainty

2013

We propose an interactive method for decision making under uncertainty, where uncertainty is related to the lack of understanding about consequences of actions. Such situations are typical, for example, in design problems, where a decision maker has to make a decision about a design at a certain moment of time even though the actual consequences of this decision can be possibly seen only many years later. To overcome the difficulty of predicting future events when no probabilities of events are available, our method utilizes groupings of objectives or scenarios to capture different types of future events. Each scenario is modeled as a multiobjective optimization problem to represent differe…

Mathematical optimizationComputer sciencepareto optimalityManagement Science and Operations Researchinteractive methodsDecision makerskenaariotMulti-objective optimizationMoment (mathematics)Conflicting objectivesmultiple objective programmingBusiness Management and Accounting (miscellaneous)uncertainty handlingPortfolio optimizationDecision-makingclassification of objectivesOptimal decisionDecision analysis
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