Optimal Financial Resource Allocation Using Multiobjective Decision Making Model

• DOI: 10.18187/pjsor.v19i2.4201
• Publication Date: 2023-06-03T13:37:24Z
• Authors: Teg Alam
• Keywords: Financial modeling; Retained earnings; Financial Management

The management of each industry must strive to meet multiple financial objectives, including capital structure, dividend policy, and earnings growth. paper proposes an approach analyze how resources should be allocated optimally using a multi-objective decision-making model. As part the study, Al Rajhi banks' statements are used as case study. All data is drawn from statements. Overall, study's results show that all objectives have been achieved. This model enables banking other industries formulate strategies for dealing with various situations. calculated verified LINGO 18.0 x64 software. Hence, proposed can determine decisions develop economic frameworks.