Stat 2 Assignment Example | Topics and Well Written Essays - 250 words

Stat 2 - Assignment Example t decision making problems have multiple objectives that cannot be optimized simultaneously because of the conflicting nature of the objectives or goals. Goal programming is used to solve programming problems with several objective functions (goals) or constraints (Tanlamai, 2011). The linear problem below represents a goal programming problem, and also represents a non-linear programming problem whereby the program is defined by systems of equalities and inequalities (constraints) with real variables X1 and X2. Braaksma, A. J., Meesters, A. J., Klingenberg, W. W., & Hicks, C. C. (2012). A quantitative method for Failure Mode and Effects Analysis. International Journal Of Production Research, 50(23), 6904-6917. Lo, Q., & Chai, K. (2012). Quantitative analysis of quality management literature published in total quality management and business excellence (1996–2010). Total Quality Management & Business Excellence, 23(5/6),