The Discrete Time-Cost Tradeoff Problem with Irregular Starting Time Costs

Joseph G. Szmerekovsky () and Prahalad Venkateshan ()
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Joseph G. Szmerekovsky: College of Business, North Dakota State University Fargo
Prahalad Venkateshan: Indian Institute of Management

Chapter Chapter 29 in Handbook on Project Management and Scheduling Vol.1, 2015, pp 621-638 from Springer

Abstract: Abstract In this chapter we review the literature on the discrete time-cost tradeoff problem (DTCTP). We then present the four integer programming formulations of a version of DTCTP with irregular starting time costs from Szmerekovsky and Venkateshan (Comp and Oper Res 39(7):1402–1410, 2012). Specifically, the problem is an irregular costs project scheduling problem with time-cost tradeoffs. The empirical tests performed in Szmerekovsky and Venkateshan (Comp and Oper Res 39(7):1402–1410, 2012) are updated using the current version of CPLEX and similar results are found being driven by a reduced number of binary variables, a tighter linear programming relaxation, and the sparsity and embedded network structure of the constraint matrix.

Keywords: Discrete time-cost tradeoff; Integer linear programming formulations; Payment schedules; Project scheduling (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:ihichp:978-3-319-05443-8_29

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DOI: 10.1007/978-3-319-05443-8_29

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