Analysis of Heuristic Validity, Efficiency and Applicability of the Profile Distance Method for Implementation in Decision Support Systems

Publikation: Wissenschaftliche FachzeitschriftOriginalbeitrag in FachzeitschriftBegutachtung

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Abstract

This article seeks to enhance acceptance of the profile distance method (PDM) in decision support
systems. The PDM is a multiple attributive based decision making as well as a multiple method
approach to support complex decision making and uses a heuristic to avoid computationally complex
global optimization. We elaborate on the usability of the method and question the heuristic used. We
present a bisection algorithm, which efficiently supports the discovery of transition profiles needed in
a user-friendly and practical application of the method. Additionally, we provide empirical evidence
showing that the proposed heuristic is efficient and delivers results within 5% of the global optimizer
for a wide range of data sets.
OriginalspracheEnglisch
Seiten (von - bis)816 - 823
FachzeitschriftComputers and Operations Research
Jahrgang38
DOIs
PublikationsstatusVeröffentlicht - 1 Nov. 2011

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