A decision with more than one objective
A) should be decomposed into a separate model for each objective .
B) depends on the probability of satisfying each objective.
C) requires the decision maker to put the objectives in some order of importance.
D) cannot have an optimal solution.

Question

Quizplus · Accepted Answer

When there are multiple objectives, the decision maker needs to prioritize them in some order of importance. This allows for a trade-off analysis to be performed and a decision to be made based on the relative importance of each objective. It does not require the decomposition of separate models, the calculation of probabilities, or suggest that an optimal solution cannot be found.

A Decision with More Than One Objective