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Dynamic and Stochastic Multi-Project Planning
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Dynamic and Stochastic Multi-Project Planning

2015 ed.

Book Details

Format Paperback / Softback
ISBN-10 3319045393
ISBN-13 9783319045399
Edition 2015 ed.
Publisher Springer International Publishing AG
Imprint Springer International Publishing AG
Country of Manufacture CH
Country of Publication GB
Publication Date May 8th, 2015
Print length 204 Pages
Weight 358 grams
Dimensions 23.90 x 15.90 x 1.50 cms
Ksh 8,100.00
Werezi Extended Catalogue 0 in stock

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This book deals with dynamic and stochastic methods for multi-project planning. 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.
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.

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