Name: Screening and Sufficiency in Multiobjective Decision Problems with Large Alternative Sets
Price: 29.05 EUR
Availability: InStock
Author: Cote, Michael D.
ISBN: 9781288306879

portada Screening and Sufficiency in Multiobjective Decision Problems with Large Alternative Sets

Screening and Sufficiency in Multiobjective Decision Problems with Large Alternative Sets

Type

Physical Book

Author

Michael D. Cote

Publisher

Biblioscholar

Language

English

Pages

128

Format

Paperback

Dimensions

24.6 x 18.9 x 0.7 cm

Weight

0.24 kg.

ISBN13

9781288306879

Synopsis "Screening and Sufficiency in Multiobjective Decision Problems with Large Alternative Sets"

Portfolio selection problems with combinatorially-large alternative sets can be impossible to evaluate precisely on a reasonable timescale. When portfolios require complex modeling for performance assessment, prohibitive computational processing times can result. Eliminating a small number of alternatives through an intelligent screening process can greatly reduce the number of alternative combinations, thereby decreasing a problem's evaluation time and cost. A methodology was developed for the class of hierarchical portfolio selection problems in which multiple objectives are all judged on the same sub-objectives. First, a novel capability-based alternative screening process was devised to identify and remove poor alternatives, thereby reducing the number of portfolios. Then, a performance-based portfolio screening process was explored to estimate portfolio sufficiency according to the performance requirements of the decision maker. Following the establishment of a set of sufficient portfolios, the analyst can employ higher resolution post-analysis methods to choose a final solution. Finally, the methodology was applied to a portfolio selection problem in which the United States Strategic Command attempts to select an ideal mix of intelligence, surveillance, and reconnaissance assets. After deconstructing the actual objective hierarchy, a set of representative alternatives were evaluated and a variety of screening procedures were applied to demonstrate significant reduction in the number of possible portfolios.

Customers reviews

Have you read this book? Login to add your review.

More customer reviews

0% (0)
0% (0)
0% (0)
0% (0)
0% (0)

Questions and Answers about the Book

Do you have a question about the book? Login to be able to add your own question.

Opinions about Bookdelivery

More customer reviews

Screening and Sufficiency in Multiobjective Decision Problems with Large Alternative Sets - Cote, Michael D.

Synopsis "Screening and Sufficiency in Multiobjective Decision Problems with Large Alternative Sets"

Customers reviews

Frequently Asked Questions about the Book

Is the book original?

In what language is the book written?

What is the format of this book?

Questions and Answers about the Book

Opinions about Bookdelivery