Abstract-In this paper a reduced mult iplicative tolerance -a measure of sensitivity analysis in mu ltiobjective linear programming (MOLP) is presented. By using this new measure a method for ran king the set of efficient extreme solutions is proposed. The idea is to rank these solutions by values of the reduced tolerance. This approach can be applied to many MOLP p roblems, where sensitivity analysis is important for a decision maker. In the paper, applications of the presented methodology are shown in the market model and the transportation problem.