scholarly journals The impact of solution representations on heuristic net present value optimization in discrete time/cost trade-off project scheduling with multiple cash flow and payment models

2019 ◽  
Vol 103 ◽  
pp. 184-197 ◽  
Author(s):  
Pieter Leyman ◽  
Niels Van Driessche ◽  
Mario Vanhoucke ◽  
Patrick De Causmaecker
2015 ◽  
Vol 2015 ◽  
pp. 1-10 ◽  
Author(s):  
Hongbo Li ◽  
Zhe Xu ◽  
Li Xiong ◽  
Yinbin Liu

We study the project budget version of the stochastic discrete time/cost trade-off problem (SDTCTP-B) from the viewpoint of the robustness in the scheduling. Given the project budget and a set of activity execution modes, each with uncertain activity time and cost, the objective of the SDTCTP-B is to minimize the expected project makespan by determining each activity’s mode and starting time. By modeling the activity time and cost using interval numbers, we propose a proactive project scheduling model for the SDTCTP-B based on robust optimization theory. Our model can generate robust baseline schedules that enable a freely adjustable level of robustness. We convert our model into its robust counterpart using a form of the mixed-integer programming model. Extensive experiments are performed on a large number of randomly generated networks to validate our model. Moreover, simulation is used to investigate the trade-off between the advantages and the disadvantages of our robust proactive project scheduling model.


2018 ◽  
Vol 3 (2) ◽  
pp. 160
Author(s):  
Halkadri Fitra ◽  
Salma Taqwa ◽  
Charoline Cheisviyanny ◽  
Abel Tasman ◽  
Nurzi Sebrina

Penelitian ini bertujuan untuk melihat kelayakan aspek keuangan usaha grosir sembako Badan Usaha Milik Desa (Nagari) Kamang Hilia Sejahtera di Kenagarian Kamang Hilia Kecamatan Kamang Magek Kabupaten Agam Provinsi Sumatera Barat yang dilakukan pada tahun 2018. Penelitian bersifat deskriptif kuantitatif dengan menggunakan metode cash flow analysis, payback period, net present value, profitability index, internal rate of return, dan average rate of return. Hasil penelitian menunjukkan bahwa nilai net cash flow Badan Usaha Milik Desa (Nagari) Kamang Hilia Sejahtera adalah positif yaitu Rp.21.774.000, nilai payback period adalah 1,15 tahun, nilai net present value positif sebesar Rp.10.680.034,47, nilai profitability index adalah positif 1,37, sedangkan nilai internal rate of return adalah 46,7% dan nilai average rate of return adalah 57,23%. Berdasarkan standar penilaian maka semua metode yang digunakan memberikan kesimpulan bahwa usaha grosir sembako milik Badan Usaha Milik Desa (Nagari) Kamang Hilia Sejahtera dalam kategori layak untuk dilaksanakan.


1982 ◽  
Vol 9 (1) ◽  
pp. 103-110 ◽  
Author(s):  
Thomas W. Jones ◽  
David Smith

Net present value and equivalent annual cost are two discounted cash flow criteria for comparing investment proposals. Why have accountants taken to net present value? Why do engineers readily use equivalent annual cost? This paper investigates the historical development of these principles to provide an explanation of why this is so.


1998 ◽  
Vol 49 (11) ◽  
pp. 1153 ◽  
Author(s):  
E. Demeulemeester ◽  
B. De Reyck ◽  
B. Foubert ◽  
W. Herroelen ◽  
M. Vanhoucke

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