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What is Interactive Procedure

Encyclopedia of Business Analytics and Optimization
A solution procedure in which there are two alternate phases, a solution generation phase and a solution evaluation phase.
Published in Chapter:
Multiobjective Programming
Minghe Sun (College of Business, University of Texas at San Antonio, USA)
Copyright: © 2014 |Pages: 20
DOI: 10.4018/978-1-4666-5202-6.ch143
Abstract
Optimization problems with multiple criteria measuring solution quality can be modeled as multiobjective programming problems. Because the objective functions are usually in conflict, there is not a single feasible solution that can optimize all objective functions simultaneously. An optimal solution is one that is most preferred by the decision maker (DM) among all feasible solutions. An optimal solution must be nondominated but a multiobjective programming problem may have, possibly infinitely, many nondominated solutions. Therefore, tradeoffs must be made in searching for an optimal solution. Hence, the DM's preference information is elicited and used when a multiobjective programming problem is solved. The model, concepts and definitions of multiobjective programming are presented and solution methods are briefly discussed. Examples are used to demonstrate the concepts and solution methods. Graphics are used in these examples to facilitate understanding.
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