THE OPTIMIZATION OF TIME AND COST PROCESS TECHNIQUE
Ekonomski vjesnik/Econviews
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Title |
THE OPTIMIZATION OF TIME AND COST PROCESS TECHNIQUE
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Creator |
Barković, Dražen
Jukić, Josip |
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Description |
The critical path method (CPM) and linear programming are two closely related operations research techniques. Some of their concepts are presented in this paper in order to review some recent modelling structures that have been particularly valuable in the analysis of project time-cost crashes problems.The activities underwent crashing of both the time and cost using linear programming. A simplified representation of a small project and a linear programming model were formulated to represent this system. In addition to being simple, the advantage of this method is that it is applicable to large networks. It allows for a shorter computational time at a lower cost, whereas robustness is increased.Keywords: Critical path method, linear programming, time crashing, maintenance
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Publisher |
Faculty of Economics in Osijek
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Contributor |
—
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Date |
2018-01-02
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
https://hrcak.srce.hr/ojs/index.php/ekonomski-vjesnik/article/view/4582
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Source |
Ekonomski vjesnik/Econviews - Review of Contemporary Business, Entrepreneurship and Economic Issues; Vol 30, No 2 (2017); 287-300
Ekonomski vjesnik/Econviews - Review of Contemporary Business, Entrepreneurship and Economic Issues; Vol 30, No 2 (2017); 287-300 1847-2206 0353-359X |
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Language |
eng
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Relation |
https://hrcak.srce.hr/ojs/index.php/ekonomski-vjesnik/article/view/4582/3321
https://hrcak.srce.hr/ojs/index.php/ekonomski-vjesnik/article/downloadSuppFile/4582/3024 |
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Rights |
Copyright (c) 2018 Ekonomski vjesnik/Econviews - Review of Contemporary Business, Entrepreneurship and Economic Issues
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