Bernroider, Edward and Obwegeser, Nikolaus and Stix, Volker (2011) Analysis of Heuristic Validity, Efficiency and Applicability of the Profile Distance Method for Implementation in Decision Support Systems. Computers and Operations Research , 38 (5). pp. 816-823. ISSN 0305-0548
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Analysis_of_Heuristic_Validity,_Efficiency_and_Applicability_of_the_Profile_Distance_Method_for_Implementation_in_Decision_Support_Systems.pdf Download (719kB) |
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.
Item Type: | Article |
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Additional Information: | To see the final version of this paper please visit the publisher's website. Access to the published version requires a subscription. |
Keywords: | profile distance method / decision support systems / multi criteria decision making / heuristics / usability |
Divisions: | Departments > Informationsverarbeitung u Prozessmanag. > Informationswirtschaft |
Version of the Document: | Accepted for Publication |
Variance from Published Version: | Minor |
Depositing User: | Dissertation Administrator |
Date Deposited: | 24 Mar 2011 11:27 |
Last Modified: | 16 Sep 2017 16:31 |
FIDES Link: | https://bach.wu.ac.at/d/research/results/52293/ |
URI: | https://epub.wu.ac.at/id/eprint/3038 |
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