Optimizing Discounted Cash Flows in Project Scheduling—An Ant Colony Optimization Approach

@article{Chen2010OptimizingDC,
  title={Optimizing Discounted Cash Flows in Project Scheduling—An Ant Colony Optimization Approach},
  author={Wei-neng Chen and Jun Zhang and Henry Shu-hung Chung and Rui-zhang Huang and Ou Liu},
  journal={IEEE Transactions on Systems, Man, and Cybernetics, Part C (Applications and Reviews)},
  year={2010},
  volume={40},
  pages={64-77}
}
The multimode resource-constrained project-scheduling problem with discounted cash flows (MRCPSPDCF) is important and challenging for project management. As the problem is strongly nondeterministic polynomial-time hard, only a few algorithms exist and the performance is still not satisfying. To design an effective algorithm for the MRCPSPDCF, this paper proposes an ant colony optimization (ACO) approach. ACO is promising for the MRCPSPDCF due to the following three reasons. First, MRCPSPDCF can… CONTINUE READING
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