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THE OPTIMIZATION OF TIME AND COST PROCESS TECHNIQUE

Ekonomski vjesnik/Econviews

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Title THE OPTIMIZATION OF TIME AND COST PROCESS TECHNIQUE
 
Creator Barković, Dražen
Jukić, Josip
 
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
 
Publisher Faculty of Economics in Osijek
 
Contributor
 
Date 2018-01-02
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier https://hrcak.srce.hr/ojs/index.php/ekonomski-vjesnik/article/view/4582
 
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
 
Language eng
 
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
 
Rights Copyright (c) 2018 Ekonomski vjesnik/Econviews - Review of Contemporary Business, Entrepreneurship and Economic Issues