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The multi-mode resource investment problem: a benchmark library and a computational study of lower and upper bounds

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  • Patrick Gerhards

    (Helmut Schmidt University)

Abstract

The multi-mode resource investment problem (MRIP) is the multi-mode extension of the resource investment problem, which is also known under the name resource availability cost problem. It is a project scheduling problem with a given due date as well as precedence and resource constraints. The goal is to find a precedence feasible schedule that minimises the resource costs of the allocated resources. To compute these costs, the maximum resource peak is considered regarding renewable resource types, whereas the sum of allocated nonrenewable resource units is used in the case of nonrenewable resources. Many practical and complex project scheduling settings can be modelled with this type of problem. Especially with the usage of different processing modes, time and cost compromises can be utilised by the project manager. In the literature, some procedures for the MRIP have been investigated; however, the computational experiments in these studies have not been carried out on common benchmark instances. This makes a fair comparison of methods difficult. Therefore, we generated novel instances specifically designed for this problem and published them on the website https://riplib.hsu-hh.de . On this website, the instances as well as best-known solution values are available and researchers can also contribute their findings. We investigate these novel instances by proposing and evaluating lower bounds for the MRIP. Additionally, we analyse the proposed instances by applying heuristic as well as exact methods. These experiments suggest that most of the instances are challenging and further research is needed. Finally, we show some computational complexity properties of the NP-hard MRIP.

Suggested Citation

  • Patrick Gerhards, 2020. "The multi-mode resource investment problem: a benchmark library and a computational study of lower and upper bounds," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 42(4), pages 901-933, December.
    • Handle: RePEc:spr:orspec:v:42:y:2020:i:4:d:10.1007_s00291-020-00595-9
    DOI: 10.1007/s00291-020-00595-9
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