IDEAS home Printed from https://ideas.repec.org/a/spr/topjnl/v30y2022i2d10.1007_s11750-021-00612-2.html
   My bibliography  Save this article

An adaptative bacterial foraging optimization algorithm for solving the MRCPSP with discounted cash flows

Author

Listed:
  • Luis F. Machado-Domínguez

    (Universidad del Norte)

  • Carlos D. Paternina-Arboleda

    (Universidad del Norte)

  • Jorge I. Vélez

    (Universidad del Norte)

  • Agustín Barrios-Sarmiento

    (Universidad del Norte)

Abstract

In this paper, a metaheuristic solution algorithm for solving the multi-mode resource-constrained project scheduling problem (MRCPSP) with discounted cash flows (MRCPSPDC) is proposed. This problem consists of determining a schedule such that the project is completed, maximizing the project’s net present value (NPV) while complying with the delivery deadline. The adaptative bacterial foraging optimization (ABFO) algorithm is a variation of the original bacterial foraging optimization (BFO), which is a nature-inspired metaheuristic optimization algorithm. We implement a version of the chemotactic operator based on a double justification of the activities given the cash flow. This metaheuristic has been tested in the PSPLIB and MMLIB benchmark datasets available in the literature with promising results. Our ABFO algorithm shows excellent performance in all tested instances and provides suitable solutions for the MRCPSP maximizing the NPV.

Suggested Citation

  • Luis F. Machado-Domínguez & Carlos D. Paternina-Arboleda & Jorge I. Vélez & Agustín Barrios-Sarmiento, 2022. "An adaptative bacterial foraging optimization algorithm for solving the MRCPSP with discounted cash flows," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 30(2), pages 221-248, July.
    • Handle: RePEc:spr:topjnl:v:30:y:2022:i:2:d:10.1007_s11750-021-00612-2
    DOI: 10.1007/s11750-021-00612-2
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11750-021-00612-2
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s11750-021-00612-2?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Lova, Antonio & Tormos, Pilar & Cervantes, Mariamar & Barber, Federico, 2009. "An efficient hybrid genetic algorithm for scheduling projects with resource constraints and multiple execution modes," International Journal of Production Economics, Elsevier, vol. 117(2), pages 302-316, February.
    2. Sönke Hartmann, 2001. "Project Scheduling with Multiple Modes: A Genetic Algorithm," Annals of Operations Research, Springer, vol. 102(1), pages 111-135, February.
    3. Boctor, Fayez F., 1996. "A new and efficient heuristic for scheduling projects with resource restrictions and multiple execution modes," European Journal of Operational Research, Elsevier, vol. 90(2), pages 349-361, April.
    4. Hartmann, Sonke & Kolisch, Rainer, 2000. "Experimental evaluation of state-of-the-art heuristics for the resource-constrained project scheduling problem," European Journal of Operational Research, Elsevier, vol. 127(2), pages 394-407, December.
    5. Hartmann, Sönke & Kolisch, R., 2000. "Experimental evaluation of state-of-the-art heuristics for the resource-constrained project scheduling problem," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 11180, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    6. Jairo R. Montoya-Torres & Libardo S. Gómez-Vizcaíno & Elyn L. Solano-Charris & Carlos D. Paternina-Arboleda, 2010. "Global Bacteria Optimization Meta-Heuristic Algorithm for Jobshop Scheduling," International Journal of Operations Research and Information Systems (IJORIS), IGI Global, vol. 1(4), pages 47-58, October.
    7. Van Peteghem, Vincent & Vanhoucke, Mario, 2014. "An experimental investigation of metaheuristics for the multi-mode resource-constrained project scheduling problem on new dataset instances," European Journal of Operational Research, Elsevier, vol. 235(1), pages 62-72.
    8. Joanna Józefowska & Marek Mika & Rafał Różycki & Grzegorz Waligóra & Jan Węglarz, 2001. "Simulated Annealing for Multi-Mode Resource-Constrained Project Scheduling," Annals of Operations Research, Springer, vol. 102(1), pages 137-155, February.
    9. Pieter Leyman & Mario Vanhoucke, 2015. "A new scheduling technique for the resource–constrained project scheduling problem with discounted cash flows," International Journal of Production Research, Taylor & Francis Journals, vol. 53(9), pages 2771-2786, May.
    10. Nalini Dayanand & Rema Padman, 2001. "A Two Stage Search Heuristic for Scheduling Payments in Projects," Annals of Operations Research, Springer, vol. 102(1), pages 197-220, February.
    11. Kolisch, Rainer & Sprecher, Arno, 1996. "PSPLIB - a project scheduling problem library," Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 396, Christian-Albrechts-Universität zu Kiel, Institut für Betriebswirtschaftslehre.
    12. Peteghem, Vincent Van & Vanhoucke, Mario, 2010. "A genetic algorithm for the preemptive and non-preemptive multi-mode resource-constrained project scheduling problem," European Journal of Operational Research, Elsevier, vol. 201(2), pages 409-418, March.
    13. Bouleimen, K. & Lecocq, H., 2003. "A new efficient simulated annealing algorithm for the resource-constrained project scheduling problem and its multiple mode version," European Journal of Operational Research, Elsevier, vol. 149(2), pages 268-281, September.
    14. Mika, Marek & Waligora, Grzegorz & Weglarz, Jan, 2005. "Simulated annealing and tabu search for multi-mode resource-constrained project scheduling with positive discounted cash flows and different payment models," European Journal of Operational Research, Elsevier, vol. 164(3), pages 639-668, August.
    15. Debels, Dieter & De Reyck, Bert & Leus, Roel & Vanhoucke, Mario, 2006. "A hybrid scatter search/electromagnetism meta-heuristic for project scheduling," European Journal of Operational Research, Elsevier, vol. 169(2), pages 638-653, March.
    16. Herroelen, Willy S. & Van Dommelen, Patrick & Demeulemeester, Erik L., 1997. "Project network models with discounted cash flows a guided tour through recent developments," European Journal of Operational Research, Elsevier, vol. 100(1), pages 97-121, July.
    17. Gündüz Ulusoy & Funda Sivrikaya-Şerifoğlu & Şule Şahin, 2001. "Four Payment Models for the Multi-Mode Resource Constrained Project Scheduling Problem with Discounted Cash Flows," Annals of Operations Research, Springer, vol. 102(1), pages 237-261, February.
    18. Kolisch, Rainer & Hartmann, Sönke, 1999. "Heuristic algorithms for the resource-constrained project scheduling problem: classification and computational analysis," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 10966, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    19. Mario Vanhoucke & Erik Demeulemeester & Willy Herroelen, 2001. "On Maximizing the Net Present Value of a Project Under Renewable Resource Constraints," Management Science, INFORMS, vol. 47(8), pages 1113-1121, August.
    20. Weglarz, Jan & Józefowska, Joanna & Mika, Marek & Waligóra, Grzegorz, 2011. "Project scheduling with finite or infinite number of activity processing modes - A survey," European Journal of Operational Research, Elsevier, vol. 208(3), pages 177-205, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Weglarz, Jan & Józefowska, Joanna & Mika, Marek & Waligóra, Grzegorz, 2011. "Project scheduling with finite or infinite number of activity processing modes - A survey," European Journal of Operational Research, Elsevier, vol. 208(3), pages 177-205, February.
    2. Hartmann, Sönke & Briskorn, Dirk, 2010. "A survey of variants and extensions of the resource-constrained project scheduling problem," European Journal of Operational Research, Elsevier, vol. 207(1), pages 1-14, November.
    3. Van Peteghem, Vincent & Vanhoucke, Mario, 2014. "An experimental investigation of metaheuristics for the multi-mode resource-constrained project scheduling problem on new dataset instances," European Journal of Operational Research, Elsevier, vol. 235(1), pages 62-72.
    4. Luis F. Machado-Domínguez & Carlos D. Paternina-Arboleda & Jorge I. Vélez & Agustin Barrios-Sarmiento, 2021. "A memetic algorithm to address the multi-node resource-constrained project scheduling problem," Journal of Scheduling, Springer, vol. 24(4), pages 413-429, August.
    5. He, Zhengwen & Liu, Renjing & Jia, Tao, 2012. "Metaheuristics for multi-mode capital-constrained project payment scheduling," European Journal of Operational Research, Elsevier, vol. 223(3), pages 605-613.
    6. Hartmann, Sönke & Briskorn, Dirk, 2008. "A survey of variants and extensions of the resource-constrained project scheduling problem," Working Paper Series 02/2008, Hamburg School of Business Administration (HSBA).
    7. Nima Zoraghi & Aria Shahsavar & Babak Abbasi & Vincent Peteghem, 2017. "Multi-mode resource-constrained project scheduling problem with material ordering under bonus–penalty policies," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 25(1), pages 49-79, April.
    8. Alfredo S. Ramos & Pablo A. Miranda-Gonzalez & Samuel Nucamendi-Guillén & Elias Olivares-Benitez, 2023. "A Formulation for the Stochastic Multi-Mode Resource-Constrained Project Scheduling Problem Solved with a Multi-Start Iterated Local Search Metaheuristic," Mathematics, MDPI, vol. 11(2), pages 1-25, January.
    9. Peteghem, Vincent Van & Vanhoucke, Mario, 2010. "A genetic algorithm for the preemptive and non-preemptive multi-mode resource-constrained project scheduling problem," European Journal of Operational Research, Elsevier, vol. 201(2), pages 409-418, March.
    10. Zhengwen He & Nengmin Wang & Pengxiang Li, 2014. "Simulated annealing for financing cost distribution based project payment scheduling from a joint perspective," Annals of Operations Research, Springer, vol. 213(1), pages 203-220, February.
    11. Abdollah Arasteh, 2020. "Considering Project Management Activities for Engineering Design Groups," SN Operations Research Forum, Springer, vol. 1(4), pages 1-29, December.
    12. Geiger, Martin Josef, 2017. "A multi-threaded local search algorithm and computer implementation for the multi-mode, resource-constrained multi-project scheduling problem," European Journal of Operational Research, Elsevier, vol. 256(3), pages 729-741.
    13. Hartmann, Sönke & Briskorn, Dirk, 2022. "An updated survey of variants and extensions of the resource-constrained project scheduling problem," European Journal of Operational Research, Elsevier, vol. 297(1), pages 1-14.
    14. He, Zhengwen & Wang, Nengmin & Jia, Tao & Xu, Yu, 2009. "Simulated annealing and tabu search for multi-mode project payment scheduling," European Journal of Operational Research, Elsevier, vol. 198(3), pages 688-696, November.
    15. Coelho, José & Vanhoucke, Mario, 2011. "Multi-mode resource-constrained project scheduling using RCPSP and SAT solvers," European Journal of Operational Research, Elsevier, vol. 213(1), pages 73-82, August.
    16. Anıl Can & Gündüz Ulusoy, 2014. "Multi-project scheduling with two-stage decomposition," Annals of Operations Research, Springer, vol. 217(1), pages 95-116, June.
    17. Grzegorz Waligóra, 2016. "Comparative Analysis of Some Metaheuristics for Discrete-Continuous Project Scheduling with Activities of Identical Processing Rates," Asia-Pacific Journal of Operational Research (APJOR), World Scientific Publishing Co. Pte. Ltd., vol. 33(03), pages 1-32, June.
    18. V. Van Peteghem & M. Vanhoucke, 2008. "A Genetic Algorithm for the Multi-Mode Resource-Constrained Project Scheduling Problem," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 08/494, Ghent University, Faculty of Economics and Business Administration.
    19. Leyman, Pieter & Vanhoucke, Mario, 2017. "Capital- and resource-constrained project scheduling with net present value optimization," European Journal of Operational Research, Elsevier, vol. 256(3), pages 757-776.
    20. Elloumi, Sonda & Fortemps, Philippe, 2010. "A hybrid rank-based evolutionary algorithm applied to multi-mode resource-constrained project scheduling problem," European Journal of Operational Research, Elsevier, vol. 205(1), pages 31-41, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:topjnl:v:30:y:2022:i:2:d:10.1007_s11750-021-00612-2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.