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Dynamic and Stochastic Multi-Project Planning

Name: Dynamic and Stochastic Multi-Project Planning
Brand: Springer International Publishing AG
SKU: 02402574
Price: 51.36 EUR
Availability: InStock
Author: Philipp Melchiors
ISBN: 9783319045399

Philipp Melchiors

Language

English

Book Paperback

Libristo code: 02402574

Publishers Springer International Publishing AG, May 2015

This book deals with dynamic and stochastic methods for multi-project planning. Based on the idea of... Full description

Libristo code: 02402574

125 b

51.36 €

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This book deals with dynamic and stochastic methods for multi-project planning. Based on the idea of using queueing networks for the analysis of dynamic-stochastic multi-project environments this book addresses two problems: detailed scheduling of project activities, and integrated order acceptance and capacity planning. In an extensive simulation study, the book thoroughly investigates existing scheduling policies. To obtain optimal and near optimal scheduling policies new models and algorithms are proposed based on the theory of Markov decision processes and Approximate Dynamic programming. Then the book presents a new model for the effective computation of optimal policies based on a Markov decision process. Finally, the book provides insights into the structure of optimal policies.