Gupta, Sushil K.; Kyparisis, Jerzy; Ip, Chi-Ming - In: Management Science 38 (1992) 5, pp. 751-752
This note considers a problem of simultaneous selection of a subset of N projects and determination of an optimal sequence to implement these projects so as to maximize the net present value of the total return. We first establish an optimal sequence of all projects which does not depend on the...