A robust augmented ε-constraint method (AUGMECON-R) for finding exact solutions of multi-objective linear programming problems

Alexandros Nikas (), Angelos Fountoulakis, Aikaterini Forouli and Haris Doukas
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Alexandros Nikas: National Technical University of Athens
Angelos Fountoulakis: National Technical University of Athens
Aikaterini Forouli: National Technical University of Athens
Haris Doukas: National Technical University of Athens

Operational Research, 2022, vol. 22, issue 2, No 16, 1332 pages

Abstract: Abstract Systems can be unstructured, uncertain and complex, and their optimisation often requires operational research techniques. In this study, we introduce AUGMECON-R, a robust variant of the augmented ε-constraint algorithm, for solving multi-objective linear programming problems, by drawing from the weaknesses of AUGMECON 2, one of the most widely used improvements of the ε-constraint method. These weaknesses can be summarised in the ineffective handling of the true nadir points of the objective functions and, most notably, in the significant amount of time required to apply it as more objective functions are added to a problem. We subsequently apply AUGMECON-R in comparison with its predecessor, in both a set of reference problems from the literature and a series of significantly more complex problems of four to six objective functions. Our findings suggest that the proposed method greatly outperforms its predecessor, by solving significantly less models in emphatically less time and allowing easy and timely solution of hard or practically impossible, in terms of time and processing requirements, problems of numerous objective functions. AUGMECON-R, furthermore, solves the limitation of unknown nadir points, by using very low or zero-value lower bounds without surging the time and resources required.

Keywords: Augmecon; ε-constraint; Multi-objective programming; Optimisation; Pareto (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (3)

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DOI: 10.1007/s12351-020-00574-6

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