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unconstrained continuous functions based on an analogy with electromagnetism theory, hereafter referred to as the electromagnetism …-of-the-art heuristics, and show that the procedure is capable of producing consistently good results for challenging instances of the … heuristics. …
Persistent link: https://www.econbiz.de/10005464831
In this paper, we address the issue of optimal selection of portfolio of projects using reinvestment strategy within a flexible time horizon. We assume that an investor intends to invest his/her initial capital on the implementation of some projects in a flexible time horizon. The investor’s...
Persistent link: https://www.econbiz.de/10011209412
It is generally accepted that the three major dimensions of project success are time, budget, and quality. Most of the research in project planning is focused on the time-cost trade-off, and only a few papers have considered the three dimensions together. This paper describes the evolution of...
Persistent link: https://www.econbiz.de/10010670317
In this paper we propose an adaptive model for multi-mode project scheduling under uncertainty. We assume that there is a due date for concluding the project and a tardiness penalty for failing to meet this due date, and that several distinct modes may be used to undertake each activity. We...
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