Title
Robustness of MULTIMOORA : a method for multi-objective optimization
Author
Faculty/Department
Faculty of Applied Economics
Institute of Development Policy and Management
Publication type
article
Publication
Subject
Mathematics
Computer. Automation
Source (journal)
Informatics in education
Volume/pages
23(2012) :1 , p. 1-25
ISSN
0868-4952
1822-8844
ISI
000302509500001
Carrier
E
Target language
English (eng)
Affiliation
University of Antwerp
Abstract
Multi-Objective Optimization takes care of different objectives with the objectives keeping their own units. The internal mechanical solution of a Ratio System, producing dimensionless numbers, is preferred. The ratio system creates the opportunity to use a second approach: a Reference Point Theory, which uses the ratios of the ratio system. This overall theory is called MOORA (Multi-Objective Optimization by Ratio Analysis). The results are still more convincing if a Full Multiplicative Form is added forming MULTIMOORA. The control by three different approaches forms a guaranty for a solution being as non-subjective as possible. MULTIMOORA, tested after robustness, showed positive results.
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Handle