A PROJECT ACTIVITY SCHEDULING PROBLEM WITH NET PRESENT VALUE MEASURE

Authors
SUNG CS LIM SK
Citation
Cs. Sung et Sk. Lim, A PROJECT ACTIVITY SCHEDULING PROBLEM WITH NET PRESENT VALUE MEASURE, International journal of production economics, 37(2-3), 1994, pp. 177-187
Citations number
NO
Categorie Soggetti
Engineering
Journal title
International journal of production economics → ACNP
ISSN journal
09255273
Volume
37
Issue
2-3
Year of publication
1994
Pages
177 - 187
Database
ISI
SICI code
0925-5273(1994)37:2-3<177:APASPW>2.0.ZU;2-S
Abstract
This paper considers an activity scheduling problem for a project wher e cash inflows and outflows are given and availability restrictions ar e imposed on capital and renewable resources. The objective of the pro blem is to maximize the net present value of the project. Resource-dur ation interactions are considered in analyzing the problem. A two-phas e heuristic solution algorithm is exploited and tested with various nu merical problems for its effectiveness and efficiency.