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Maximizing total job value on a single machine with job selection

Joonyup Eun (), Chang Sup Sung () and Eun-Seok Kim ()
Additional contact information
Joonyup Eun: Vanderbilt University Medical Center
Chang Sup Sung: Korea Advanced Institute of Science and Technology (KAIST)
Eun-Seok Kim: Middlesex University

Journal of the Operational Research Society, 2017, vol. 68, issue 9, 998-1005

Abstract: Abstract This paper describes a single-machine scheduling problem of maximizing total job value with a machine availability constraint. The value of each job decreases over time in a stepwise fashion. Several solution properties of the problem are developed. Based on the properties, a branch-and-bound algorithm and a heuristic algorithm are derived. These algorithms are evaluated in the computational study, and the results show that the heuristic algorithm provides effective solutions within short computation times.

Keywords: scheduling; job value; stepwise value function; branch-and-bound; heuristic (search for similar items in EconPapers)
Date: 2017
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DOI: 10.1057/s41274-017-0238-z

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