Turner, Lara; Punnen, Abraham; Aneja, Yash; Hamacher, Horst - In: Computational Statistics 73 (2011) 1, pp. 19-27
In the generalized balanced optimization problem (GBaOP) the objective value $${\max_{e \in S}{|c(e)-k\max(S)|}}$$ is minimized over all feasible subsets S of E = {1, . . . , m}. We show that the algorithm proposed in Punnen and Aneja (Oper Res Lett 32:27–30, 2004 ) can be modified to ensure...