World Academy of Science, Engineering and Technology
Published June 23, 2011 | Version 9664
Journal article Open

Scheduling a Project to Minimize Costs of Material Requirements

Description

Traditionally, project scheduling and material planning have been treated independently. In this research, a mixed integer programming model is presented to integrate project scheduling and materials ordering problems. The goal is to minimize the total material holding and ordering costs. In addition, an efficient metaheuristic algorithm is proposed to solve the model. The proposed algorithm is computationally tested, the results are analyzed, and conclusions are given.

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References

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