publication . Article . Other literature type . 1995

financial planning with fractional goals

Goedhart, Marc; Spronk, Jaap;
Open Access
  • Published: 06 Apr 1995 Journal: European Journal of Operational Research, volume 82, pages 111-124 (issn: 0377-2217, Copyright policy)
  • Publisher: Elsevier BV
  • Country: Netherlands
Abstract
textabstractWhen 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.
Subjects
free text keywords: Management Science and Operations Research, Modelling and Simulation, Information Systems and Management, Financial plan, Mathematical optimization, Management science, Goal programming, Financial management, business.industry, business, Multicriteria analysis, Fractional programming, Mathematics, Multiple objective programming, financial Planning, multiple-criteria decision making
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publication . Article . Other literature type . 1995

financial planning with fractional goals

Goedhart, Marc; Spronk, Jaap;