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Two major contributions are made to the problem of resource allocation to indivisible projects with uncertain outcomes: the concepts of preferential independence and utility independence for the space of discrete projects are defined, and a multiattribute utility theory is linked with...
Persistent link: https://www.econbiz.de/10009191111
A recurring problem in project management involves the allocation of scarce resources to the individual jobs comprising the project. In many situations such as audit scheduling, the resources correspond to individuals (skilled labour). This naturally leads to an assignment type project...
Persistent link: https://www.econbiz.de/10009208850
The purpose of this paper is to evaluate a heuristic procedure for solving the resource-constrained project scheduling problem. Projects that involve completing a sequence of well defined activities, some of which can be done in parallel, often are characterized by capacity limitations on some...
Persistent link: https://www.econbiz.de/10009214858
The problem addressed in this paper is the scheduling of activities in a project to maximize net present value given cash inflows, outflows, and resource restrictions. Although optimization procedures exist for small problems of this type, they generally cannot solve large-scale problems and may...
Persistent link: https://www.econbiz.de/10009218258
Managers of construction projects, maintenance activities, auditing contracts, software shops, etc. are frequently faced with the task of establishing a new project's due date, which must compete with other projects already in progress or expected (forecasted) to start in the future. The study...
Persistent link: https://www.econbiz.de/10009204620
This paper introduces methods for formulating and solving a general class of nonpreemptive resource-constrained project scheduling problems in which the duration of each job is a function of the resources committed to it. The approach is broad enough to permit the evaluation of numerous time or...
Persistent link: https://www.econbiz.de/10009191561
This paper deals with a class of project scheduling problems concerning the allocation of continuously divisible resources under conditions in which both total usage at every moment and total consumption over the period of project duration are constrained. Typical examples of such resources,...
Persistent link: https://www.econbiz.de/10009197719
Persistent link: https://www.econbiz.de/10012213362
This paper surveys work done to date on the problem of laying out the facilities of some system in terms of specifying which activities are to be adjacent. Each pair of facilities has a closeness rating which represents the desirability that they are located adjacently. Ratings are usually...
Persistent link: https://www.econbiz.de/10009214044
Zero inventory (ZI) and the related concepts of Just in Time and Kanban are innovative and powerful means to improve production efficiency. This paper applies these concepts to a series facility production system and, in particular, identifies which facilities will never hold inventory...
Persistent link: https://www.econbiz.de/10009214275