An Extended Method for the Allocation of Exploratory Development Resources in Logistics.
Abstract
The Extended RA Method provides a method of modelling nonlinearities in indifference relationships that can be characterized as convexity or complementary cases. As in the Basic RA Method, a sequence of pairwise tradeoff assessments between MOEs in required. Thus, an advantage of this model is that its interface with the DM remains the same as the previous linear model. However, the cost of the more complex piecewise linear indifference model is a significant increases in the number of tradeoff assessments required from the DM. This not only increases his load directly, but also indirectly in terms of insuring a consistent set of tradeoff assessment responses. In this context, the desired consistency is with an increasing marginal rate of substitution model. Consistency checking and correcting procedures have been included in the Extended RA Method procedures, as illustrated with the numerical example, and these should make the consistency problem more tractable.
Document Details
- Document Type
- Technical Report
- Publication Date
- Oct 01, 1982
- Accession Number
- ADA123288
Entities
People
- Henry A. Olender
Organizations
- SRI International