Time-cost Optimization Model for Deterministic Network Projects
Journal Title: Journal of Applied Quantitative Methods - Year 2008, Vol 3, Issue 4
Abstract
A deterministic PERT activity-on-arc network G(N, A) with logical operation "AND" at the event's receiver and "MUST FOLLOW" at the event's emitter, is considered. Each activity (i, j)∈ A entering the model can be operated within several deterministic durations t[sub]ij[/sub] depending on the corresponding budgets c[sub]ij[/sub] assigned to that activity. The problem centers on determining optimal budget values c[sub]ij[/sub] to be assigned to each activity (i, j)∈ A in order to minimize the network's critical path subject to the restricted pregiven budget C assigned to the whole project G(N, A).
Authors and Affiliations
Avner BEN-YAIR, Zohar LASLO, Doron GREENBERG, Dimitri GOLENKO-GINZBURG
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