Programming Models by Objectives and their Role in Improving Bank Loan Acceptance Decisions
An Applied Study at the Bank of Agriculture and Rural Development BADR
Abstract
This study aims to explore one of the newer mathematical programming paradigms,
known as objective programming. This model complements linear programming by considering the
different goals that decision makers seek to achieve, despite their variety and different units of
measurement. The study will highlight the main linear models such as Standard Objective
Programming and Lexical Objective Programming, in addition to the Weighted Objective
Programming model).
The role of this model in the financial field will be clarified by improving the selection of loans
from banks to maximize returns. The case of the Bank of Agriculture and Rural Development
(BADR) in Boudouaou will be analyzed using the LONGO19 software. Results indicated loans in
all models. Show the effectiveness of this approach