Simplification Activities in a Network Scheduling Context

William J. Abernathy and Joel S. Demski
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William J. Abernathy: Harvard University
Joel S. Demski: Stanford University

Management Science, 1973, vol. 19, issue 9, 1052-1062

Abstract: Network scheduling activities are usually addressed in a two-stage process of static schedule determination and subsequent control monitoring. A more complete view combines these two subsets of decisions with information acquisition decisions into a dynamic optimization framework. Such a framework is developed and the familiar static schedule-control process is then interpreted as a cost-effective simplification of the more complete dynamic formulation. This provides a framework for highlighting the numerous choices made in specifying the typical two-stage process and for evaluating the various choice alternatives. A simulation example illustrates the simplification and its evaluation with the more complete framework.

Date: 1973
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:19:y:1973:i:9:p:1052-1062

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