Parametric Programming Approaches to Local Approximation of the Efficient Frontier

Author(s):  
Janusz Granat
2000 ◽  
Vol 122 (2) ◽  
pp. 232-236 ◽  
Author(s):  
Jinhuan Zhang ◽  
Margaret M. Wiecek ◽  
Wei Chen

The problem of robust design is treated as a bi-objective optimization problem in which the performance mean and variation are optimized and minimized, respectively. A method for deriving a utility function as a local approximation of the efficient frontier is presented and investigated at different locations of candidate solutions, with different ranges of interest, and for efficient frontiers with both convex and nonconvex behaviors. As an integral part of the interactive robust design procedure earlier proposed by the authors, the method assists designers in adjusting the preference structure and exploring alternative efficient robust design solutions. It eliminates the need of solving the bi-objective problem repeatedly using new preference structures, which is often computationally expensive. Though demonstrated for robust design problems, the principle is also applicable to any bi-objective optimization problem. [S1050-0472(00)00702-9]


2020 ◽  
Vol 54 (6) ◽  
pp. 1703-1722 ◽  
Author(s):  
Narges Soltani ◽  
Sebastián Lozano

In this paper, a new interactive multiobjective target setting approach based on lexicographic directional distance function (DDF) method is proposed. Lexicographic DDF computes efficient targets along a specified directional vector. The interactive multiobjective optimization approach consists in several iteration cycles in each of which the Decision Making Unit (DMU) is presented a fixed number of efficient targets computed corresponding to different directional vectors. If the DMU finds one of them promising, the directional vectors tried in the next iteration are generated close to the promising one, thus focusing the exploration of the efficient frontier on the promising area. In any iteration the DMU may choose to finish the exploration of the current region and restart the process to probe a new region. The interactive process ends when the DMU finds its most preferred solution (MPS).


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