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An interactive multiobjective decision support framework for transportation investment

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dc.contributor.author Tan, Paulin
dc.contributor.author William, Surekha
dc.contributor.author Chowdhury, Mashrur
dc.date.accessioned 2007-01-10T14:48:15Z
dc.date.available 2007-01-10T14:48:15Z
dc.date.issued 2002-12
dc.identifier.other OCLC:51489541
dc.identifier.other TRID:00938147
dc.identifier.uri http://digital.library.wisc.edu/1793/6913
dc.description 116 p.
dc.description.abstract This report presents a multiobjective decision framework to support the decision making process in transportation investment analysis. One important capability of the multiobjective decision framework is that it allows many intangible objectives that are difficult to express on an absolute numerical scale to be considered without the need to convert the units into monetary scale. The proposed multiobjective decision framework allows a decision maker to select a reduced number of alternatives from a larger number of all available alternatives while ensuring that the selected alternatives are the best possible options. This framework could also be used to generate decision options for optimal allocation of resources between competing projects. The proposed decision framework is based on three multiobjective analysis concepts: the Surrogate Worth Tradeoff method for continuous decision problems and the Multiattribute Utility and Minimum Tolerance methods for discrete decision problems. These concepts help decision makers choose among, prioritize, and generate the most feasible and optimal alternatives. The four case studies presented as appendices demonstrate the application of the proposed decision framework to real-world projects. en
dc.description.provenance Submitted by Erinn Monroe (eemonroe@wisc.edu) on 2005-07-19T20:13:18Z No. of bitstreams: 1 report0202.pdf: 933008 bytes, checksum: f5860ba39123fed87145344eefa1cbd9 (MD5) en
dc.description.provenance Approved for entry into archive by Jason Bittner(bittner@engr.wisc.edu) on 2005-07-19T20:32:11Z (GMT) No. of bitstreams: 1 report0202.pdf: 933008 bytes, checksum: f5860ba39123fed87145344eefa1cbd9 (MD5) en
dc.description.provenance Made available in DSpace on 2007-01-10T14:48:15Z (GMT). No. of bitstreams: 1 report0202.pdf: 933008 bytes, checksum: f5860ba39123fed87145344eefa1cbd9 (MD5) en
dc.description.sponsorship US Department of Transportation en
dc.format.extent 933008 bytes
dc.format.mimetype application/pdf
dc.language.iso en_US
dc.publisher Midwest Regional University Transportation Center
dc.relation.ispartofseries MRUTC;02-02
dc.subject Transportation planning
dc.subject Optimization en
dc.subject Decision making en
dc.subject Case studies
dc.subject Investments en
dc.subject Alternatives analysis en
dc.subject Strategic planning en
dc.subject Decision support systems en
dc.title An interactive multiobjective decision support framework for transportation investment en
dc.type Technical Report en

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