Quality- and profit-oriented scheduling of flexible resource-constrained projects

Carolin Kellenbrink and Stefan Helber

Hannover Economic Papers (HEP) from Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät

Abstract: We study the problem of determining both the structure and the schedule of projects subject to capacity constraints. We assume that those projects are flexible in the sense that the activities to be implemented are not entirely known in advance. In such a setting, decisions must be made with respect to the implementation of the optional activities. Such decisions affect the duration, cost, quality and eventual revenue of the project. Examples of this type of problem can often be found when complex capital goods such as aircraft engines are overhauled, when buildings are renovated to meet higher environmental and efficiency standards, or in productdevelopment processes. We describe the problem, develop a mixed-integer optimisation model, explain specific features of a genetic algorithm to solve the problem and report the results of a numerical study.

Keywords: Quality; project scheduling; genetic algorithm; RCPSP; flexible projects (search for similar items in EconPapers)
Pages: 25 pages
Date: 2014-12
New Economics Papers: this item is included in nep-cmp and nep-ppm
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://diskussionspapiere.wiwi.uni-hannover.de/pdf_bib/dp-549.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:han:dpaper:dp-549

Access Statistics for this paper

More papers in Hannover Economic Papers (HEP) from Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät Contact information at EDIRC.
Bibliographic data for series maintained by Heidrich, Christian ().