Multi-criteria optimization in industry
- Many real-world optimization and decision-making problems comprise several, partly conflicting objective functions. The English saying “Quality has its price” is just as true on a large scale as it is in private sphere and, therefore, quality and price are a typical pair of conflicting objective functions that are very common in applications. Yet, in industrial applications, both quality and cost may be understood in the specific context and differ whether a transportation, a production, or a planning problem is considered. Other objective functions that are receiving increasing attention in real-world decision-making situations are, for example, robustness, time, sustainability, adaptability, or longevity.
Author: | Stefan Ruzika, Karl-Heinz Küfer, Kaisa Miettinen, Serpil Sayin |
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URN: | urn:nbn:de:hbz:386-kluedo-78858 |
DOI: | https://doi.org/10.1007/s00291-022-00679-8 |
ISSN: | 1436-6304 |
Parent Title (English): | OR Spectrum |
Publisher: | Springer Nature - Springer |
Document Type: | Article |
Language of publication: | English |
Date of Publication (online): | 2024/03/25 |
Year of first Publication: | 2022 |
Publishing Institution: | Rheinland-Pfälzische Technische Universität Kaiserslautern-Landau |
Date of the Publication (Server): | 2024/03/25 |
Issue: | 44 |
Page Number: | 3 |
First Page: | 303 |
Last Page: | 305 |
Source: | https://link.springer.com/article/10.1007/s00291-022-00679-8 |
Faculties / Organisational entities: | Kaiserslautern - Fachbereich Mathematik |
DDC-Cassification: | 5 Naturwissenschaften und Mathematik / 510 Mathematik |
Collections: | Open-Access-Publikationsfonds |
Licence (German): | Zweitveröffentlichung |