Note--The Precarious Boundary Problem
T. H. Mattheiss
Additional contact information
T. H. Mattheiss: Southern Illinois University at Carbondale
Management Science, 1976, vol. 22, issue 10, 1159-1164
Abstract:
In certain classes of managerial situations violation of "fuzzy" constraints may have very serious consequences. Facing a precarious boundary, a retreat into the interior of the feasible region may seem wise. In this note we suggest a means of accomplishing this using known techniques to (i) identify the center of the feasible region, (ii) find all solutions which are within some proportion of the optimum, (iii) perform a triage on the constraints, and (iv) identify alternate operating plans based on arbitrary constraint weighting schemes.
Date: 1976
References: Add references at CitEc
Citations:
Downloads: (external link)
http://dx.doi.org/10.1287/mnsc.22.10.1159 (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:22:y:1976:i:10:p:1159-1164
Access Statistics for this article
More articles in Management Science from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().