Heuristic Methods for the Resource Availability Cost Problem

Vincent Peteghem () and Mario Vanhoucke
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Vincent Peteghem: EDHEC Business School

Chapter Chapter 16 in Handbook on Project Management and Scheduling Vol.1, 2015, pp 339-359 from Springer

Abstract: Abstract In this chapter, an Invasive Weed Optimization (IWO) algorithm for the resource availability cost problem is presented, in which the total cost of the (unlimited) renewable resources required to complete the project by a prespecified project deadline should be minimized. The IWO algorithm is a new search strategy, which makes use of mechanisms inspired by the natural behavior of weeds in colonizing and finding a suitable place for growth and reproduction. All algorithmic components are explained in detail and computational results for the RACP are presented. The procedure is also executed to solve the RACP with tardiness (RACPT), in which lateness of the project is permitted with a predefined penalty.

Keywords: Heuristic algorithms; Invasive weed; Project scheduling; Resource availability; Tardiness cost (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1007/978-3-319-05443-8_16

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