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An MCDM Framework for Dynamic Systems
Jönköping University, School of Engineering, JTH, Industrial Engineering and Management. Jönköping University, School of Engineering, JTH. Research area Industrial Engineering and Management.
1996 (English)In: International Journal of Production Economics, ISSN 0925-5273, E-ISSN 1873-7579, Vol. 45, no 1-3, p. 279-292Article in journal (Refereed) Published
Abstract [en]

A multi-criteria formulation for continuous and discrete-time dynamic systems is presented. The fundamental problem in the design of dynamic systems is the trade-off between response speed (e.g., the time to reach final value and the raise time) and response smoothness (e.g., the overshoot, the undershoot, and the transient dampening). Separate optimisation of criteria is impossible, thus the problem is inherently multiobjective. In a general dynamic system, this is accomplished by adjusting a number of technical parameters in accordance with some ad hoc practice. Previous multi-criteria approaches have been modelled as weighted sums of criteria, with shortcomings in terms of sensitivity analysis and preference articulation. The proposed framework enables the decision maker to design a most preferred system, with full knowledge of local trade-off ratios in terms of chosen criteria. Combining analytical techniques with simulation, the formulation makes the optimisation process transparent to the decision maker, working entirely in decision space. The framework is demonstrated on a dynamic production-inventory model.

Place, publisher, year, edition, pages
1996. Vol. 45, no 1-3, p. 279-292
Keywords [en]
Multi-criteria decision making, Dynamic systems, System analysis, Simulation
National Category
Engineering and Technology
Identifiers
URN: urn:nbn:se:hj:diva-2929DOI: 10.1016/0925-5273(96)00003-5OAI: oai:DiVA.org:hj-2929DiVA, id: diva2:33749
Available from: 2007-07-09 Created: 2007-07-09 Last updated: 2017-12-12Bibliographically approved

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Wikner, Joakim

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