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New Mean and Median Techniques to Solve Multiobjective Linear Fractional Programming Problem and Comparison with Other Techniques.
- Source :
- Journal of Optimization; 5/6/2024, Vol. 2024, p1-12, 12p
- Publication Year :
- 2024
-
Abstract
- In the field of operation research, both linear and fractional programming problems have been more encountered in recent years because they are more realistic in expressing real-life problems. Fractional programming problem is used when several rates need to be optimized simultaneously such as resource allocation planning, financial and corporate planning, healthcare, and hospital planning. There are several techniques to solve the multiobjective linear fractional programming problem. However, because of the use of scalarization, these techniques have some limitations. This paper proposed two new mean and median techniques to solve the multiobjective linear fractional programming problem by overcoming the limitations. After utilizing mean and median techniques, the problem is converted into an equivalent linear fractional programming problem; then, the linear fractional programming problem is transformed into linear programming problem and solved by the conventional simplex method or mathematical software. Some numerical examples have been illustrated to show the efficiency of the proposed techniques and algorithm. The performance of these solutions was evaluated by comparing their results with other existing methods. The numerical results have shown that the proposed techniques are better than other techniques. Furthermore, the proposed techniques solve a pure multiobjective maximization problem, which is even impossible with some existing techniques. The present investigation can be improved further, which is left for future research. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 2356752X
- Volume :
- 2024
- Database :
- Complementary Index
- Journal :
- Journal of Optimization
- Publication Type :
- Academic Journal
- Accession number :
- 177166654
- Full Text :
- https://doi.org/10.1155/2024/5000269