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| Author: | Yang, K. Tay, L. Sum, C. |
| Title: | A comparison of stochastic scheduling rules for maximizing project net present value |
| Journal: | European Journal of Operational Research
1995 : SEP 7, VOL. 85:2, p. 327-339 |
| Index terms: | SCHEDULING SAMPLING SIMULATION |
| Language: | eng |
| Abstract: | This paper examines the use of stochastic scheduling rules for maximizing the net present value of a project. A comprehensive set of 1440 test problems, representing five different project characteristics, is constructed. These test problems are used to evaluate the performance of nine stochastic scheduling rules. A simulated annealing scheduling procedure is shown to perform best, generating the highest net present values for most of the test problems. |
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