A Priority Rule-Based Heuristic for Resource Investment Project Scheduling Problem with Discounted Cash Flows and Tardiness Penalties

Abstract EN

Resource investment problem with discounted cash flows (RIPDCFs) is a class of project scheduling problem.

In RIPDCF, the availability levels of the resources are considered decision variables, and the goal is to find a schedule such that the net present value of the project cash flows optimizes.

In this paper, we consider a new RIPDCF in which tardiness of project is permitted with defined penalty.

We mathematically formulated the problem and developed a heuristic method to solve it.

The results of the performance analysis of the proposed method show an effective solution approach to the problem.