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Desirability-based post-hoc selection of Pareto solutions.

Authors :
Costa, Nuno
Lourenço, João
Source :
International Journal of Management Science & Engineering Management; Aug2024, Vol. 19 Issue 3, p251-260, 10p
Publication Year :
2024

Abstract

Generating a set of optimal solutions is a recommended practice when solving a multiresponse problem. However, it is known that some optimal solutions may yield unexpected outcomes when implemented in practice. Thus, to avoid wasting resources and time in implementing a theoretical optimal solution that does not produce the expected outcomes, a new approach to select a solution from the Pareto front is proposed. This approach employs a desirability-based function to aggregate all the desired response characteristics, namely the responses' Bias, Resilience, Quality of Predictions, and Robustness. Two case studies illustrate the usefulness of the proposed approach. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
17509653
Volume :
19
Issue :
3
Database :
Supplemental Index
Journal :
International Journal of Management Science & Engineering Management
Publication Type :
Academic Journal
Accession number :
178152516
Full Text :
https://doi.org/10.1080/17509653.2023.2296876