A Stochastic Time-cost-quality Tradeoff Model for Discrete Project Scheduling Problem
Wei-Min Ma, Qing-Hai Liu, Hua Ke
Available Online June 2014.
- https://doi.org/10.2991/msmi-14.2014.58How to use a DOI?
- Project scheduling problem, Time-cost-quality tradeoff, Genetic algorithm.
- In this paper, referred to the traditional discrete time-cost tradeoff problem, time-cost-quality balance combined with random environment is discussed. Moreover, in real projects, the uncertainty of the environment is considerable aspects for decision-makers. The goal of this paper is to reveal how to obtain the optimal balance among project completion time, total cost and overall quality in stochastic environments. A stochastic discrete time-cost-quality tradeoff model is presented for dealing with this problem. To solve the model, a hybrid intelligent algorithm integrating the stochastic simulations and genetic algorithm is developed. At the last part, a numerical experiment is conducted to testify the effectiveness of the hybrid intelligent algorithm.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Wei-Min Ma AU - Qing-Hai Liu AU - Hua Ke PY - 2014/06 DA - 2014/06 TI - A Stochastic Time-cost-quality Tradeoff Model for Discrete Project Scheduling Problem BT - 2014 International Conference on Management Science and Management Innovation (MSMI 2014) PB - Atlantis Press SP - 318 EP - 323 SN - 2352-5428 UR - https://doi.org/10.2991/msmi-14.2014.58 DO - https://doi.org/10.2991/msmi-14.2014.58 ID - Ma2014/06 ER -