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Author:Chun, Y.
Moskowitz, H.
Plante, R.
Title:Sequencing a set of alternatives under time constraints
Journal:Journal of the Operational Research Society
1995 : SEP, VOL. 46:9, p. 1133-1144
Index terms:STOCHASTIC PROGRAMMING
SCHEDULING
SEQUENTIAL ANALYSIS
Language:eng
Abstract:The authors consider a problem of sequencing a set of alternatives available for selection to complete a project. Associated with each alternative are the probability of successful completion, the completion time, and the reward obtained upon successfully completing the alternative. The optimal sequencing strategy that maximizes them expected present value of total rewards, is derived based on a simple ordering parameter. The authors propose solution strategies to the selection and sequencing problem under time constraints.
SCIMA record nr: 139979
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