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A Cost Optimization Model for Multiresource Leveling Problem without Project Duration Constraint

Authors :
Xin Zou
Qingyou Yan
Qian Zhang
Source :
Discrete Dynamics in Nature and Society, Vol 2016 (2016)
Publication Year :
2016
Publisher :
Hindawi Limited, 2016.

Abstract

The study of traditional resource leveling problem aims at minimizing the resource usage fluctuations and obtaining sustainable resource supplement, which is accomplished by adjusting noncritical activities within their start and finish time. However, there exist limitations in terms of the traditional resource leveling problem based on the fixed project duration. This paper assumes that the duration can be changed in a certain range and then analyzes the relationship between the scarce resource usage fluctuations and project cost. This paper proposes an optimization model for the multiresource leveling problem. We take into consideration five kinds of cost: the extra hire cost when the resource demand is greater than the resource available amount, the idle cost of resource when the resource available amount is greater than the resource demand, the indirect cost related to the duration, the liquidated damages when the project duration is extended, and the incentive fee when the project duration is reduced. The optimal objective of this model is to minimize the sum of the aforementioned five kinds of cost. Finally, a case study is examined to highlight the characteristic of the proposed model at the end of this paper.

Details

Language :
English
ISSN :
10260226
Volume :
2016
Database :
OpenAIRE
Journal :
Discrete Dynamics in Nature and Society
Accession number :
edsair.doi.dedup.....bd7f90e24d052106bad5fa3bcf77ddb7