An integrated modeling approach to simultaneously optimizing both the location and dispersion effects of multiple responses is proposed. The proposed approach aims to identify the setting of input variables to maximize the overall minimal satisfaction level with respect to both location and dispersion of all the responses. The proposed approach overcomes the common limitation of the existing multiresponse approaches, which typically ignore the dispersion effect of the responses. Several possible variations of the proposed model are also discussed. Properties of the proposed approach are revealed via examples.
All Science Journal Classification (ASJC) codes
- Computer Science(all)
- Modeling and Simulation
- Management Science and Operations Research
- Information Systems and Management