Title: Scheduling Markovian PERT networks with maximum-NPV objective
Authors: Creemers, Stefan
Leus, Roel
Lambrecht, Marc
Issue Date: May-2008
Publisher: K.U.Leuven
Series Title: FBE Research Report KBI_0811 pages:1-12
Abstract: We examine project scheduling with net-present-value objective and exponential activity durations, using a continuous-time Markov decision chain. Based on a judicious partitioning of the state space, we achieve a significant performance improvement compared to the existing algorithms.
Publication status: published
KU Leuven publication type: IR
Appears in Collections:Research Center for Operations Management, Leuven
Research Center for Operations Research and Business Statistics (ORSTAT), Leuven

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