This paper describes the results of a laboratory experiment the purpose of which was to compare f... more This paper describes the results of a laboratory experiment the purpose of which was to compare from a human decision-maker's point of view the performance of the interactive methods for multicriterion optimization recently developed by Geoffrion and Benayoun et al. (STEP-method), and a simple trial-and-error procedure for solving the multiple criteria problem. All the methods were tested on a time-sharing
... mail: jteich@nmsu.edu Hannele Wallenius Department of Industrial Management, Helsinki Univers... more ... mail: jteich@nmsu.edu Hannele Wallenius Department of Industrial Management, Helsinki University of Technology, FIN 02150 Espoo, Finland E-mail: hannele.wallenius@hut.fi Jyrki Wallenius Center for Innovative Education ...
ABSTRACT This paper provides an update on the state-of-the-art of Operations Research and its pra... more ABSTRACT This paper provides an update on the state-of-the-art of Operations Research and its practice in Finland. We cover academic Operations Research and applications. Furthermore, we discuss, as an example, the careers of Helsinki School of Economics OR/MS-graduates and their views on the usefulness of OR-education in Finland.
Integrated Preference Functional (IPF) is a set functional that, given a discrete set of points f... more Integrated Preference Functional (IPF) is a set functional that, given a discrete set of points for a multiple objective optimization problem, assigns a numerical value to that point set. This value provides a quantitative measure for comparing different sets of points generated by solution procedures for difficult multiple objective optimization problems. We introduced the IPF for bi-criteria optimization problems in
This paper describes the results of a laboratory experiment the purpose of which was to compare f... more This paper describes the results of a laboratory experiment the purpose of which was to compare from a human decision-maker's point of view the performance of the interactive methods for multicriterion optimization recently developed by Geoffrion and Benayoun et al. (STEP-method), and a simple trial-and-error procedure for solving the multiple criteria problem. All the methods were tested on a time-sharing
... mail: jteich@nmsu.edu Hannele Wallenius Department of Industrial Management, Helsinki Univers... more ... mail: jteich@nmsu.edu Hannele Wallenius Department of Industrial Management, Helsinki University of Technology, FIN 02150 Espoo, Finland E-mail: hannele.wallenius@hut.fi Jyrki Wallenius Center for Innovative Education ...
ABSTRACT This paper provides an update on the state-of-the-art of Operations Research and its pra... more ABSTRACT This paper provides an update on the state-of-the-art of Operations Research and its practice in Finland. We cover academic Operations Research and applications. Furthermore, we discuss, as an example, the careers of Helsinki School of Economics OR/MS-graduates and their views on the usefulness of OR-education in Finland.
Integrated Preference Functional (IPF) is a set functional that, given a discrete set of points f... more Integrated Preference Functional (IPF) is a set functional that, given a discrete set of points for a multiple objective optimization problem, assigns a numerical value to that point set. This value provides a quantitative measure for comparing different sets of points generated by solution procedures for difficult multiple objective optimization problems. We introduced the IPF for bi-criteria optimization problems in
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