1. An improved approach for project buffer sizing and evaluation.
- Author
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SHI Qian, WANG Ya-ting, and GONG Ting
- Subjects
- *
BUFFER stocks , *PROJECT management , *MATHEMATICAL optimization , *SUPPLY chains , *FUZZY logic - Abstract
The authors have put forward an improved approach for project buffer sizing based on the resource constrains, logical complexity as well as project managers' risk preference by using fuzzy logic theory. Taking resource substitutability into consideration, the authors have integrated the optimization and tradeoff between cost and schedule into the indicators for the evaluation of critical chain scheduling. By means of experimental study, the new approach has been verified to be more effective and efficient than the traditional C&PM and RSEM approach. [ABSTRACT FROM AUTHOR]
- Published
- 2012