Model Objective Relative Tolerance

Units: -
Default Value: 0
Validation Rule: Between 0 And 1
Description: Allowable relative degradation for the objective when doing hierarchical multi-objective optimization for MIP models
Detail:

During Hierarchical Multi-objective optimization, the highest priority objective is optimized (say minimized) first (say to a value X). While optimizing the second objective, we add a constraint obj1 <= X to make sure the first objective does not deteriorate relative tolerance if the ratio by which we allow this degradation.