PRIORITY ALGORITHMS FOR THE PROBLEM OF FINANCIAL OPTIMISATION OF A MULTI-STAGE PROJECT
The article presents the problem of the financial optimisation of a multi-stage project from the contractor's perspective, where customer's payments are analysed as a cash inflow (contractor's revenues) after completing contractual stages and contractor's expenses incurred for th...
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Format: | Article |
Language: | English |
Published: |
Polish Association for Knowledge Promotion
2017-12-01
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Series: | Applied Computer Science |
Subjects: | |
Online Access: | http://www.acs.pollub.pl/pdf/v13n4/2.pdf |
Summary: | The article presents the problem of the financial optimisation of a multi-stage project from the contractor's perspective, where customer's payments are analysed as a cash inflow (contractor's revenues) after completing contractual stages and contractor's expenses incurred for the activities executed. In order to solve the problem, priority algorithms are proposed: single-pass and multi-pass ones, using different priority rules and tech-niques for generating solutions dedicated to the investigated optimisation model. The article presents a comparison of the effectiveness of individual algorithms in the case of adequately prepared test problems. |
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ISSN: | 1895-3735 2353-6977 |