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Exact Methods for the Resource Availability Cost Problem

In: Handbook on Project Management and Scheduling Vol.1

Author

Listed:
  • Savio B. Rodrigues

    (Federal University of São Carlos)

  • Denise S. Yamashita

    (Federal University of São Carlos)

Abstract

In this chapter, an exact method for the RACP problem is built from a combination of an RCPSP exact solver and RCPSP heuristic. In the RACP, the objective is to find the resource values that yield the least cost while finishing the project before the deadline. In the present method, the project feasibility is assessed by fixing the RACP resources and solving the underlying RCPSP with an exact algorithm. The idea is to reduce the number of RCPSP subproblems to be solved by sweeping the search space with a branching strategy that generates good bounds along the search. This approach is called the modified minimum bounding algorithm (MMBA). In the algorithm, we also employ a heuristic method in order to find an upper bound for the project cost. We fully describe the MMBA including possible alternative implementations. We also include an integer programming formulation of the RACP to be used directly or in subproblem solvers.

Suggested Citation

  • Savio B. Rodrigues & Denise S. Yamashita, 2015. "Exact Methods for the Resource Availability Cost Problem," International Handbooks on Information Systems, in: Christoph Schwindt & Jürgen Zimmermann (ed.), Handbook on Project Management and Scheduling Vol.1, edition 127, chapter 0, pages 319-338, Springer.
  • Handle: RePEc:spr:ihichp:978-3-319-05443-8_15
    DOI: 10.1007/978-3-319-05443-8_15
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    Cited by:

    1. 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.
    2. Patrick Gerhards, 2020. "The multi-mode resource investment problem: a benchmark library and a computational study of lower and upper bounds," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 42(4), pages 901-933, December.

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