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Integrated Project Scheduling and Material Planning with Variable Activity Duration and Rewards

Author

Listed:
  • Bajis, D.
  • Elimam, A.A.

Abstract

Audit scheduling with overlapping activities and sequence dependent setup cost has not been treated in literature. This paper presents a formulation and a solution approach for this audit scheduling problem. In this paper, we treat the activity duration as a decision variable and include granting a reward for completing the project ahead of its due date. We show that these two changes lead to further reduction in the project total cost and may also lead tot a reduction in the project duration.

Suggested Citation

  • Bajis, D. & Elimam, A.A., 1996. "Integrated Project Scheduling and Material Planning with Variable Activity Duration and Rewards," The A. Gary Anderson Graduate School of Management 96-08, The A. Gary Anderson Graduate School of Management. University of California Riverside.
    • Handle: RePEc:fth:caland:96-08
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    More about this item

    Keywords

    PROJECT MANAGEMENT ; PROGRAMMING;

    JEL classification:

    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
    • C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis

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