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Author:Wan, Y.
Title:Resource allocation for a stochastic CPM-type network through perturbation analysis
Journal:European Journal of Operational Research
1994 : DEC 8, VOL. 79:2, p. 239-248
Index terms:SIMULATION
RESOURCE ALLOCATION
PROJECT MANAGEMENT
Language:eng
Abstract:To minimize the expected length of a stochastic CPM-type network by allocating resources optimally is analytically insolvable and numerically impractical. The minimization is usually carried out by the steepest descent gradient search with simulation. Derivatives with respect to parameters of an allocation are estimated by simulating at different values of parameters.
SCIMA record nr: 129112
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