On a Fix-and-Relax Framework for a Class of Project Scheduling Problems
Laureano Escudero () and
Javier Salmeron ()
Annals of Operations Research, 2005, vol. 140, issue 1, 163-188
Abstract:
We consider the following problem: Given a set of projects to be executed along a multi-year time horizon, find a sequencing and scheduling feasible solution that optimizes a merit function. A feasible solution should satisfy availability of storable and non-storable resources with budget carrier and non-carrier periods, and precedence, exclusivity and implication relationships among the projects. This is an NP-hard problem. We present several Fix-and-Relax strategies which partition the set of binary variable into clusters in order to selectively explore the branch-and-bound tree. Computational performance is favorably compared with a state-of-the-art optimization engine over a set of real-life cases. Copyright Springer Science + Business Media, Inc. 2005
Keywords: multi-period project management; 0-1 programming; branch-and-bound selective search (search for similar items in EconPapers)
Date: 2005
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DOI: 10.1007/s10479-005-3970-8
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