Solving multi-objective linear fractional programming problem—first order Taylor’s series approximation approach

Abstract

In this paper, a method is proposed for solving multi-objective linear fractional programming (MOLFP) problem. Here, the MOLFP problem is transformed into an equivalent multi-objective linear programming (MOLP) problem. Using the first-order Taylor’s series approximation, the MOLFP problem is reduced to single-objective linear programming (LP) problem. Finally, the solution of MOLFP problem is obtained by solving the resultant LP problem. The proposed procedure is verified with the existing methods through the numerical examples.