Goal programming is a branch of multiobjective optimization, which in turn is a branch of multi-criteria decision analysis (MCDA), also known as multiple-criteria decision making (MCDM). This is an optimization programme. It can be thought of as an extension or generalisation of linear programming to handle multiple, normally conflicting objective measures. Each of these measures is given a goal or target value to be achieved. Unwanted deviations from this set of target values are then minimised in an achievement function. This can be a vector or a weighted sum dependent on the goal programming variant used. As satisfaction of the target is deemed to satisfy the decision maker(s), an underlying satisficing philosophy is assumed.Goal programming is used to perform three types of analysis:
- Determine the required resources to achieve a desired set of objectives.
- Determine the degree of attainment of the goals with the available resources.
- Providing the best satisfying solution under a varying amount of resources and priorities of the goals.
Read more about Goal Programming: History, Variants, Strengths and Weaknesses
Famous quotes containing the words goal and/or programming:
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—Lorita Bertraun, Blind American skier. As quoted in WomenSports magazine, p. 29 (January 1976)
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—Melinda M. Marshall (20th century)