The purpose of this paper is to analyze the influence of uncertainty on the value of real options while allowing for a possible change in the value of the underlying asset. We show that the proposition of a strictly positive influence of uncertainty does not hold, if the value of the underlying...

Over the years numerous branch-and-bound procedures for solving the resource-constrained project scheduling problem have been developed. Enumerating delaying alternatives, extension alternatives, feasible posets, feasible sequences or feasible subsets, they all aim at finding as fast as possible...

This article examines basic features of ranked Conjoint-data, analyzes the adequacy of evaluation methods and proposes improvements for better utilizing the information provided by ranked data. It is shown that commonly used goodness-of-fit measures provide inadequate proxy measures for...

The problem of scheduling multiple, large scale, make-to-order assemblies is considered. Beside "classical" precedence- and resource constraints as known from resource constrained project scheduling we take spatial resource and part availability constraints into account. The objective is to...

Most scheduling problems are notoriously intractable, so the majority of algorithms for them are heuristic in nature. Priority rule-based methods still constitute the most important class of these heuristics. Of these, in turn, parameterized biased random sampling methods have attracted...

Most scheduling problems are notoriously intractable, so the majority of algorithms for them are heuristic in nature. Priority rule-based methods still constitute the most important class of these heuristics. Of these, in turn, parameterized biased random sampling methods have attracted...

We consider the problem of scheduling multiple, large-scale, make-to-order assemblies under resource, assembly area, and part availability constraints. Such problems typically occur in the assembly of high volume, discrete make-to-order products. Based on a list scheduling procedure which has...

In this paper we present a polynomial time dynamic programming algorithm for solving a scheduling problem with a (total) weighted completion time objective function where the weights are activity- and time-dependent. We highlight application areas for this type of problem to underscore the...