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Stochastic Project Networks: Temporal Analysis, Scheduling and Cost Minimization (Lecture Notes in Economics and Mathematical Systems) [Paperback]

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Item description for Stochastic Project Networks: Temporal Analysis, Scheduling and Cost Minimization (Lecture Notes in Economics and Mathematical Systems) by Klaus Neumann...

This book presents the state of the art of temporal analysis and cost minimization of projects, as well as project planning under limited resources where the projects are modelled by GERT networks. These projects are characterized by a stochastic evolution structure and possible feedback. The temporal analysis exploits the fact that Markov renewal processes can be associated with so-called EOR networks (special GERT networks all of whose nodes have exclusive-or entrance). For single-machine min-sum and min-max scheduling problems with EOR precedence constraints, two polynomial algorithms are presented. General min-sum problems are solved by dynamic programming. The cost minimization of projects modeled by EOR networks leads to Markov renewal decision processes and can be reduced to a stochastic dynamic programming problem. Basic concepts from the theory of graphs and networks, Markov renewal processes, deterministic scheduling, and dynamic programming are summarized. This makes the book self-contained.



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Item Specifications...


Pages   237
Est. Packaging Dimensions:   Length: 9.3" Width: 6.4" Height: 0.7"
Weight:   0.8 lbs.
Binding  Softcover
Release Date   Aug 10, 1990
Publisher   Springer
ISBN  3540526641  
ISBN13  9783540526643  


Availability  68 units.
Availability accurate as of May 27, 2017 03:58.
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More About Klaus Neumann


Register your artisan biography and upload your photo! Neumann is with Australian National Univ.

Klaus Neumann was born in 1937.

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