A goal programming model for the best possible solution to loan allocation problems |
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Authors: | Dinesh K Sharma Debasis Ghosh Julius A Alade |
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Institution: | (1) Accounting, Finance, Information Systems and Economics, Western Carolina University, 28723 Cullowhee, NC, USA |
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Abstract: | In this paper, we propose a multi-criteria decision making approach to address the problem of finding the best possible solution in credit unions. Sensitivity analysis on the priority structure of the goals has been performed to obtain all possible solutions. The study uses the Euclidean distance method to measure distances of all possible solutions from the identified ideal solution. The possible optimum solution is determined from the minimum distance between the ideal solution and other possible solutions of the problem. |
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