A linear programming approach to maximize savings by stretching noncritical activities.
In this research, some concepts of linear programming and critical path method are reviewed to describe recent modeling structures that have been of great value in analyzing project time-cost trade-offs problems. This paper mainly provides a framework for the approach of stretching noncritical act...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English English |
| Published: |
INSInet Publication
2010
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| Online Access: | http://psasir.upm.edu.my/id/eprint/24822/1/A%20linear%20programming%20approach%20to%20maximize%20savings%20by%20stretching%20noncritical%20activities.pdf |
| _version_ | 1796970636571049984 |
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| author | Khalaf, Wakas S. Leong, Wah June Lee, Lai Soon Abu Bakar, Mohd Rizam |
| author_facet | Khalaf, Wakas S. Leong, Wah June Lee, Lai Soon Abu Bakar, Mohd Rizam |
| author_sort | Khalaf, Wakas S. |
| collection | UPM |
| description | In this research, some concepts of linear programming and critical path method are reviewed to describe recent modeling structures that have been of great value
in analyzing project time-cost trade-offs problems. This paper mainly provides a framework for the approach of stretching noncritical activities to complete the
project in shortest possible duration at least cost within available maximum budgeting. This is achieved by crashing all activities simultaneously in the project network then using Linear Programming (LP) technique to build a model to
maximize the savings that will yield from stretching noncritical activities. The noncritical activities can be stretched to their normal time until all slack in the
different noncritical paths network is used up. The resultant savings from using of linear programming model must be subtracted from the initial cost of crashing all activities to obtain the final cost of project. |
| first_indexed | 2024-03-06T08:00:59Z |
| format | Article |
| id | upm.eprints-24822 |
| institution | Universiti Putra Malaysia |
| language | English English |
| last_indexed | 2024-03-06T08:00:59Z |
| publishDate | 2010 |
| publisher | INSInet Publication |
| record_format | dspace |
| spelling | upm.eprints-248222015-09-28T00:22:42Z http://psasir.upm.edu.my/id/eprint/24822/ A linear programming approach to maximize savings by stretching noncritical activities. Khalaf, Wakas S. Leong, Wah June Lee, Lai Soon Abu Bakar, Mohd Rizam In this research, some concepts of linear programming and critical path method are reviewed to describe recent modeling structures that have been of great value in analyzing project time-cost trade-offs problems. This paper mainly provides a framework for the approach of stretching noncritical activities to complete the project in shortest possible duration at least cost within available maximum budgeting. This is achieved by crashing all activities simultaneously in the project network then using Linear Programming (LP) technique to build a model to maximize the savings that will yield from stretching noncritical activities. The noncritical activities can be stretched to their normal time until all slack in the different noncritical paths network is used up. The resultant savings from using of linear programming model must be subtracted from the initial cost of crashing all activities to obtain the final cost of project. INSInet Publication 2010 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/24822/1/A%20linear%20programming%20approach%20to%20maximize%20savings%20by%20stretching%20noncritical%20activities.pdf Khalaf, Wakas S. and Leong, Wah June and Lee, Lai Soon and Abu Bakar, Mohd Rizam (2010) A linear programming approach to maximize savings by stretching noncritical activities. Australian Journal of Basic and Applied Sciences, 4 (11). pp. 5649-5657. ISSN 1991-8178 http://www.insinet.org/ English |
| spellingShingle | Khalaf, Wakas S. Leong, Wah June Lee, Lai Soon Abu Bakar, Mohd Rizam A linear programming approach to maximize savings by stretching noncritical activities. |
| title | A linear programming approach to maximize savings by stretching noncritical activities. |
| title_full | A linear programming approach to maximize savings by stretching noncritical activities. |
| title_fullStr | A linear programming approach to maximize savings by stretching noncritical activities. |
| title_full_unstemmed | A linear programming approach to maximize savings by stretching noncritical activities. |
| title_short | A linear programming approach to maximize savings by stretching noncritical activities. |
| title_sort | linear programming approach to maximize savings by stretching noncritical activities |
| url | http://psasir.upm.edu.my/id/eprint/24822/1/A%20linear%20programming%20approach%20to%20maximize%20savings%20by%20stretching%20noncritical%20activities.pdf |
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