Resource title

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

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Distance Method for Implementation in Decision Support Systems

Resource description

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. (author's abtract)

Resource author

Edward Bernroider, Nikolaus Obwegeser, Volker Stix

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Resource language

en

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application/pdf

Resource resource URL

http://epub.wu.ac.at/3038/1/Analysis_of_Heuristic_Validity%2C_Efficiency_and_Applicability_of_the_Profile_Distance_Method_for_Implementation_in_Decision_Support_Systems.pdf

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