A Cost Optimization Model for Multiresource Leveling Problem without Project Duration Constraint
Joint Authors
Yan, Qingyou
Zhang, Qian
Zou, Xin
Source
Discrete Dynamics in Nature and Society
Issue
Vol. 2016, Issue 2016 (31 Dec. 2016), pp.1-8, 8 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2016-07-18
Country of Publication
Egypt
No. of Pages
8
Main Subjects
Abstract EN
The study of traditional resource leveling problem aims at minimizing the resource usage fluctuations and obtaining sustainable resource supplement, which is accomplished by adjusting noncritical activities within their start and finish time.
However, there exist limitations in terms of the traditional resource leveling problem based on the fixed project duration.
This paper assumes that the duration can be changed in a certain range and then analyzes the relationship between the scarce resource usage fluctuations and project cost.
This paper proposes an optimization model for the multiresource leveling problem.
We take into consideration five kinds of cost: the extra hire cost when the resource demand is greater than the resource available amount, the idle cost of resource when the resource available amount is greater than the resource demand, the indirect cost related to the duration, the liquidated damages when the project duration is extended, and the incentive fee when the project duration is reduced.
The optimal objective of this model is to minimize the sum of the aforementioned five kinds of cost.
Finally, a case study is examined to highlight the characteristic of the proposed model at the end of this paper.
American Psychological Association (APA)
Yan, Qingyou& Zhang, Qian& Zou, Xin. 2016. A Cost Optimization Model for Multiresource Leveling Problem without Project Duration Constraint. Discrete Dynamics in Nature and Society،Vol. 2016, no. 2016, pp.1-8.
https://search.emarefa.net/detail/BIM-1103328
Modern Language Association (MLA)
Yan, Qingyou…[et al.]. A Cost Optimization Model for Multiresource Leveling Problem without Project Duration Constraint. Discrete Dynamics in Nature and Society No. 2016 (2016), pp.1-8.
https://search.emarefa.net/detail/BIM-1103328
American Medical Association (AMA)
Yan, Qingyou& Zhang, Qian& Zou, Xin. A Cost Optimization Model for Multiresource Leveling Problem without Project Duration Constraint. Discrete Dynamics in Nature and Society. 2016. Vol. 2016, no. 2016, pp.1-8.
https://search.emarefa.net/detail/BIM-1103328
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1103328