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  • 1
    Monograph available for loan
    Monograph available for loan
    Laxenburg : International Institute for Applied Systems Analysis (IIASA)
    Associated volumes
    Call number: WP-95-090
    In: Working paper
    Description / Table of Contents: Reservoir management is inherently multi-criterial, since any release decision involves implicit trade-offs between various conflicting objectives. The release decision reflects concerns such as flood protection, hydroelectric power generation, dilution of downstream wastewater and heat effluents, downstream municipal, agricultural and industrial water supply, environmental standards and recreational needs. This paper presents a framework for analysing trade-offs between several decision criteria, and includes the management of heated effluents from downstream thermoelectric power generation in an optimisation model for reservoir management. The model is formulated and analysed in an interactive multi-criteria decision making (MCDM) modelling framework. Rather than providing specific target levels or ad hoc constants in a Goal Programming framework, as proposed elsewhere, our multi-criteria framework suggests a systematic way of evaluating trade-offs by progressive preference assessment. The MCDM model, based on a Tchebycheff metric and a contracted cone approach, is learning-oriented and permits a natural exploration of the decision space while maintaining non-dominated decisions. A detailed case study of the Shellmouth Reservoir in Manitoba, Canada, serves as an illustration of the model.KEYWORDS: reservoir management, multi-criteria decision making, systems analysis, operations research, multi-objective linear programming, interactive weighted Tchebycheff procedure, thermoelectric power generation
    Type of Medium: Monograph available for loan
    Pages: 28 S.
    Series Statement: Working paper / International Institute for Applied Systems Analysis 95-090
    Branch Library: PIK Library
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  • 2
    Monograph available for loan
    Monograph available for loan
    Laxenburg : International Institute for Applied Systems Analysis (IIASA)
    Associated volumes
    Call number: WP-95-058
    In: Working paper
    Description / Table of Contents: A new interactive multiple objective programming procedure is developed that combines the strengths of the Interactive Weighted Tchebycheff Procedure (Steuer and Choo 1983) and the Interactive FFANN Procedure (Sun, Stam and Steuer 1993). In this new procedure, nondominated trial solutions are generated by solving Augmented Weighted Tchebycheff Programs (Steuer 1986), based on which the decision maker articulates his/her preference information by assigning "values" to these solutions or by making pairwise comparisons. The elicited preference information is used to train a feed-forward artificial neural network, which in turn is used to screen new trial solutions for presentation to decision maker in the next iteration. Computational results are reported, comparing the current procedure with the Interactive Weighted Tchebycheff Procedure and the Interactive FFANN Procedure. The results show that this new procedure yields good quality solutions.
    Type of Medium: Monograph available for loan
    Pages: 25 S.
    Series Statement: Working paper / International Institute for Applied Systems Analysis 95-058
    Branch Library: PIK Library
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  • 3
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Decision sciences 23 (1992), S. 0 
    ISSN: 1540-5915
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: An interactive decision aid is introduced for the deployment of two sales resources: salespeople and sales support staff. The aid consists of a normative sales resource allocation model with five objectives and an interactive multiple objective programming solution procedure. The specific decision problem addressed involves the assignment of salespeople and sales support people to customer accounts and the allocation of the time they spend on these accounts. The authors contribute to the existing sales resource modeling literature by dealing with the deployment of two sales resources and interactively solving this problem with respect to five short-run and long-run objectives of the firm. This approach differs from existing sales force modeling efforts in which the solution is found noninteractively by optimizing a single sales resource model with respect to a single objective, often short-run sales. An application of the decision aid to the deployment problem of an industrial sales force manager is presented. Furthermore, useful extensions of the basic sales resource allocation model are discussed.
    Type of Medium: Electronic Resource
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  • 4
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Decision sciences 19 (1988), S. 0 
    ISSN: 1540-5915
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: Four discriminant models were compared in a simulation study: Fisher's linear discriminant function [14], Smith's quadratic discriminant function [34], the logistic discriminant model, and a model based on linear programming [17]. The study was conducted to estimate expected rates of misclassification for these four procedures when observations were sampled from a variety of normal and nonnormal distributions. In contrast to previous research, data were taken from four types of Kurtotic population distributions. The results indicate the four discriminant procedures are robust toward data from many types of distributions. The misclassification rates for both the logistic discriminant model and the formulation based on linear programming consistently decreased as the kurtosis in the data increased. The decreases, however, were of small magnitude. None of these procedures yielded statistically significant lower rates of misclassification under nonnormality. The quadratic discriminant function produced significantly lower error rates when the variances across groups were heterogeneous.
    Type of Medium: Electronic Resource
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  • 5
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Decision sciences 28 (1997), S. 0 
    ISSN: 1540-5915
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper presents a methodology for analyzing Analytic Hierarchy Process (AHP) rankings if the pairwise preference judgments are uncertain (stochastic). If the relative preference statements are represented by judgment intervals, rather than single values, then the rankings resulting from a traditional (deterministic) AHP analysis based on single judgment values may be reversed, and therefore incorrect. In the presence of stochastic judgments, the traditional AHP rankings may be stable or unstable, depending on the nature of the uncertainty.We develop multivariate statistical techniques to obtain both point estimates and confidence intervals of the rank reversal probabilities, and show how simulation experiments can be used as an effective and accurate tool for analyzing the stability of the preference rankings under uncertainty. If the rank reversal probability is low, then the rankings are stable and the decision maker can be confident that the AHP ranking is correct. However, if the likelihood of rank reversal is high, then the decision maker should interpret the AHP rankings cautiously, as there is a subtantial probability that these rankings are incorrect. High rank reversal probabilities indicate a need for exploring alternative problem formulations and methods of analysis.The information about the extent to which the ranking of the alternatives is sensitive to the stochastic nature of the pairwise judgments should be valuable information into the decision-making process, much like variability and confidence intervals are crucial tools for statistical inference. We provide simulation experiments and numerical examples to evaluate our method.Our analysis of rank reversal due to stochastic judgments is not related to previous research on rank reversal that focuses on mathematical properties inherent to the AHP methodology, for instance, the occurrence of rank reversal if a new alternative is added or an existing one is deleted.
    Type of Medium: Electronic Resource
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  • 6
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Decision sciences 23 (1992), S. 0 
    ISSN: 1540-5915
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: Recently a good deal of interest and effort has been directed toward making statistics courses more effective in business schools. It is believed that a key to success in this area involves giving a more prominent role to statistical tools which are useful in actual business practice. If the research literature is any indication, discriminant analysis (DA) has many potential applications in virtually all areas of business. Yet, DA is rarely taught in undergraduate business and/or M.B.A. statistics courses. This is partially due to the fact that most presentations of DA are relegated to multivariate statistics texts that assume an advanced knowledge of linear algebra. This paper attempts to rectify this situation by proposing a simplified pedagogical approach for introducing linear DA in undergraduate and/or M.B.A. business statistics courses.
    Type of Medium: Electronic Resource
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  • 7
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Decision sciences 22 (1991), S. 0 
    ISSN: 1540-5915
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: In recent years, much research has been done on the application of mathematical programming (MP) techniques to the discriminant problem. While promising results have been obtained, many of these techniques are plagued by a number of problems associated with the model formulation including unbounded, improper, and unacceptable solutions as well as solution instability under linear transformation of the data. In attempting to solve these problems, numerous formulations have been proposec involving additional variables and/or normalization constraints. While effective, these models can also become quite complex. In this paper we demonstrate that a simple, well-known special case of Hand's [13] original formulation provides an implicit normalization which avoids the problems for which various complicated remedies have been devised. While other researchers have made use of this formulation, its properties have not previously been fully recognized.
    Type of Medium: Electronic Resource
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  • 8
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Decision sciences 25 (1994), S. 0 
    ISSN: 1540-5915
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: In this paper, we present a Pairwise Aggregated Hierarchical Analysis of Ratio-Scale Preferences (PAHAP), a new method for solving discrete alternative multicriteria decision problems. Following the Analytic Hierarchy Process (AHP), PAHAP uses pairwise preference judgments to assess the relative attractiveness of the alternatives. By first aggregating the pairwise judgment ratios of the alternatives across all criteria, and then synthesizing based on these aggregate measures, PAHAP determines overall ratio scale priorities and rankings of the alternatives which are not subject to rank reversal, provided that certain weak consistency requirements are satisfied. Hence, PAHAP can serve as a useful alternative to the original AHP if rank reversal is undesirable, for instance when the system is open and criterion scarcity does not affect the relative attractiveness of the alternatives. Moreover, the single matrix of pairwise aggregated ratings constructed in PAHAP provides useful insights into the decision maker's preference structure. PAHAP requires the same preference information as the original AHP (or, altematively, the same information as the Referenced AHP, if the criteria are compared based on average (total) value of the alternatives). As it is easier to implement and interpret than previously proposed variants of the conventional AHP which prevent rank reversal, PAHAP also appears attractive from a practitioner's viewpoint.
    Type of Medium: Electronic Resource
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  • 9
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Decision sciences 20 (1989), S. 0 
    ISSN: 1540-5915
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper demonstrates the feasibility of applying nonlinear programming methods to solve the classification problem in discriminant analysis. The application represents a useful extension of previously proposed linear programming-based solutions for discriminant analysis. The analysis of data obtained by conducting a Monte Carlo simulation experiment shows that these new procedures are promising. Future research that should promote application of the proposed methods for solving classification problems in a business decision-making environment is discussed.
    Type of Medium: Electronic Resource
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  • 10
    Electronic Resource
    Electronic Resource
    Springer
    Annals of operations research 74 (1997), S. 1-36 
    ISSN: 1572-9338
    Keywords: classification analysis ; discriminant analysis ; L p -norm estimation ; mathematical programming
    Source: Springer Online Journal Archives 1860-2000
    Topics: Mathematics , Economics
    Notes: Abstract The body of literature on classification methods which estimate boundaries between the groups (classes) by optimizing a function of the L p -norm distances of observations in each group from these boundaries, is maturing fast. The number of published research articles on this topic, especially on mathematical programming (MP) formulations and techniques for L p -norm classification, is now sizable. This paper highlights historical developments that have defined the field, and looks ahead at challenges that may shape new research directions in the next decade. In the first part, the paper summarizes basic concepts and ideas, and briefly reviews past research. Throughout, an attempt is made to integrate a number of the most important L p -norm methods proposed to date within a unified framework, emphasizing their conceptual differences and similarities, rather than focusing on mathematical detail. In the second part, the paper discusses several potential directions for future research in this area. The long-term prospects of L p -norm classification (and discriminant) research may well hinge upon whether or not the channels of communication between on the one hand researchers active in L p -norm classification, who tend to have their roots primarily in the decision sciences, the management sciences, computer science and engineering, and on the other hand practitioners and researchers in the statistical classification community, will be improved. This paper offers potential reasons for the lack of communication between these groups, and suggests ways in which L p -norm research may be strengthened from a statistical viewpoint. The results obtained in L p -norm classification studies are clearly relevant and of importance to all researchers and practitioners active in classification and discriminant analysis. The paper also briefly discusses artificial neural networks, a promising non-traditional method for classification which has recently emerged, and suggests that it may be useful to explore hybrid classification methods that take advantage of the complementary strengths of different methods, e.g., neural network and L p -norm methods.
    Type of Medium: Electronic Resource
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