MCDMRanking
Lexicographic Goal Programming
Lexicographic Goal Programming (LGP) is a variant of goal programming introduced by Charnes and Cooper in the 1960s. It prioritizes multiple goals in a strict ordinal hierarchy, solving optimization problems sequentially: first achieve the highest-priority goal, then the second-highest while maintaining the first, and so on. This ensures that lower-priority goals are never pursued at the expense of higher-priority ones.
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Sources
- Charnes, A., & Cooper, W. W. (1961). Management models and industrial applications of linear programming. Management Science, 8(1), 38-91. DOI: 10.1287/mnsc.8.1.38 ↗
- Ijiri, Y. (1965). Management goals and accounting for control. North-Holland Publishing Co. link ↗
- Ignizio, J. P. (1976). Goal programming and extensions. Lexington Books. link ↗