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New Computational Results For The Discrete Time/Cost Trade-Off Problem With Time-Switch Constraints

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  • M. VANHOUCKE

Abstract

Recently, time-switch constraints have been introduced in the literature by Yang and Chen (2000). Basically, these constraints impose a specified starting time on the project activities and force them to be inactive during specified time periods. This type of constraints have been incorporated into the well-known discrete time/cost trade-off problem in order to cope with day, night and weekend shifts.In this paper, we propose a new branch-and-bound algorithm which outperforms the previous one by Vanhoucke et al. (2002). The procedure makes use of a lower bound calculation for the discrete time/cost trade-off problem (without time-switch constraints). The procedure has been coded in Visual C++, version 6.0 under Windows 2000 and has been validated on a randomly generated problem set.

Suggested Citation

  • M. Vanhoucke, 2003. "New Computational Results For The Discrete Time/Cost Trade-Off Problem With Time-Switch Constraints," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 03/181, Ghent University, Faculty of Economics and Business Administration.
    • Handle: RePEc:rug:rugwps:03/181
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    Cited by:

    1. Vanhoucke, Mario, 2005. "New computational results for the discrete time/cost trade-off problem with time-switch constraints," European Journal of Operational Research, Elsevier, vol. 165(2), pages 359-374, September.
    2. Helena Gaspars, 2006. "A conception of a new algorithm for the project time-cost analysis," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 16(3-4), pages 5-27.
    3. D. Van den Poel, 2003. "Predicting Mail-Order Repeat Buying. Which Variables Matter?," Review of Business and Economic Literature, KU Leuven, Faculty of Economics and Business (FEB), Review of Business and Economic Literature, vol. 0(3), pages 371-404.
    4. Valenko Tadej & Klanšek Uroš, 2017. "An integration of spreadsheet and project management software for cost optimal time scheduling in construction," Organization, Technology and Management in Construction, Sciendo, vol. 9(1), pages 1627-1637, December.
    5. Weglarz, Jan & Józefowska, Joanna & Mika, Marek & Waligóra, Grzegorz, 2011. "Project scheduling with finite or infinite number of activity processing modes - A survey," European Journal of Operational Research, Elsevier, vol. 208(3), pages 177-205, February.
    6. M. Vanhoucke, 2007. "An electromagnetic time/cost trade-off optimization in project scheduling," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 07/457, Ghent University, Faculty of Economics and Business Administration.
    7. Nicole Megow & Rolf H. Möhring & Jens Schulz, 2011. "Decision Support and Optimization in Shutdown and Turnaround Scheduling," INFORMS Journal on Computing, INFORMS, vol. 23(2), pages 189-204, May.
    8. Zsolt T. Kosztyán & István Szalkai, 2020. "Multimode resource-constrained project scheduling in flexible projects," Journal of Global Optimization, Springer, vol. 76(1), pages 211-241, January.
    9. He, Zhengwen & Wang, Nengmin & Jia, Tao & Xu, Yu, 2009. "Simulated annealing and tabu search for multi-mode project payment scheduling," European Journal of Operational Research, Elsevier, vol. 198(3), pages 688-696, November.

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    Keywords

    Project Management; CPM; Time/cost trade-off problem; Time-switch constraints.;
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