Optimal Multiattribute Screening

Multiattribute Evaluation

Evaluation is rapidly becoming Big Business. Questions like "Is this plan wise?" "Should I choose option A or option B?" "At what funding level should this program be supported?" How well is this program doing?" have been asked of social programs since long before we were born . But the idea that one could answer such questions systematically and in a manner other than simply looking at the obj...

Delayed multiattribute product differentiation

We develop a two-stage model for versioning products with respect to both vertical and horizontal attributes. At first, a firm positions its top-quality “flagship” product in a market with an imperfectly known distribution of tastes and reservation prices. In the second stage, the firm learns these consumer characteristics and has the option of extending its product line by versioning the flags...

Optimal lot sizing in screening processes with returnable defective items

This paper is an extension of Hsu and Hsu (Int J Ind Eng Comput 3(5):939–948, 2012) aiming to determine the optimal order quantity of product batches that contain defective items with percentage nonconforming following a known probability density function. The orders are subject to 100 % screening process at a rate higher than the demand rate. Shortage is backordered, and defective items...

Multiattribute One-Switch Utility

Multiattribute Structure for QALYs

H status is inherently a multiattribute construct. We examine multiattribute utility decompositions for the quality-adjusted life year (QALY) utility model commonly employed in medical decision and costeffectiveness analyses. We consider several independence conditions on preference, including the classical notions of preferential independence and utility independence, as well as new related no...