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Author: Wolfgang Gaul
Publisher:
ISBN:
Category :
Languages : en
Pages : 26
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Book Description
Author: Wolfgang Gaul
Publisher:
ISBN:
Category :
Languages : en
Pages : 26
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Book Description
Author: Klaus Neumann
Publisher: Springer Science & Business Media
ISBN: 3642615155
Category : Mathematics
Languages : en
Pages : 250
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Book Description
Project planning, scheduling, and control are regularly used in business and the service sector of an economy to accomplish outcomes with limited resources under critical time constraints. To aid in solving these problems, network-based planning methods have been developed that now exist in a wide variety of forms, cf. Elmaghraby (1977) and Moder et al. (1983). The so-called "classical" project networks, which are used in the network techniques CPM and PERT and which represent acyclic weighted directed graphs, are able to describe only projects whose evolution in time is uniquely specified in advance. Here every event of the project is realized exactly once during a single project execution and it is not possible to return to activities previously carried out (that is, no feedback is permitted). Many practical projects, however, do not meet those conditions. Consider, for example, a production process where some parts produced by a machine may be poorly manufactured. If an inspection shows that a part does not conform to certain specifications, it must be repaired or replaced by a new item. This means that we have to return to a preceding stage of the production process. In other words, there is feedback. Note that the result of the inspection is that a certain percentage of the parts tested do not conform. That is, there is a positive probability (strictly less than 1) that any part is defective.
Author: Prem Kumar Sehgal
Publisher:
ISBN:
Category :
Languages : en
Pages : 385
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Book Description
The main objective of this thesis is the development of a system of techniques for management planning and the control of major project contracts. The present study treats the probabilistic aspects of planning and proposes an approach to analyse cost/time risk associated with capital project contracts. The techniques developed fall into two classifications: 1. Risk quantification (during planning). 2. Use of quantified risk and information theory in the prediction of the completion time and the cost of the project. The extensive literature relating to management Planning and control techniques is critically reviewed. Simulation models are developed to find the critical indices of activities, and the completion time distribution of the project. Effects of network structure and activity time distribution on critical indices and completion time distributions are investigated. Possible applications of these risk quantification techniques are described. A technique making use of networks and Monte Carlo simulation is suggested for the quantification of risk in project expenditure when activity times are uncertain. These expenditure curves can be used to predict the expenditure for future similar kinds of projects. The risk associated with the uncertainty of completion times is quantified by Monte Carlo simulation and used along with information theory to predict the completion date of a project. Similarly, an algorithm to predict the final cost of a project is proposed. Validation and implementation of developed techniques are discussed and compared with results obtained from analytical techniques for suitably simplified case studies.
Author: Wolfram Nicolai
Publisher:
ISBN:
Category : Capital
Languages : en
Pages : 124
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Book Description
Author: Oliver C. Ibe
Publisher: John Wiley & Sons
ISBN: 1118092988
Category : Mathematics
Languages : en
Pages : 263
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Book Description
An interdisciplinary approach to understanding queueing and graphical networks In today's era of interdisciplinary studies and research activities, network models are becoming increasingly important in various areas where they have not regularly been used. Combining techniques from stochastic processes and graph theory to analyze the behavior of networks, Fundamentals of Stochastic Networks provides an interdisciplinary approach by including practical applications of these stochastic networks in various fields of study, from engineering and operations management to communications and the physical sciences. The author uniquely unites different types of stochastic, queueing, and graphical networks that are typically studied independently of each other. With balanced coverage, the book is organized into three succinct parts: Part I introduces basic concepts in probability and stochastic processes, with coverage on counting, Poisson, renewal, and Markov processes Part II addresses basic queueing theory, with a focus on Markovian queueing systems and also explores advanced queueing theory, queueing networks, and approximations of queueing networks Part III focuses on graphical models, presenting an introduction to graph theory along with Bayesian, Boolean, and random networks The author presents the material in a self-contained style that helps readers apply the presented methods and techniques to science and engineering applications. Numerous practical examples are also provided throughout, including all related mathematical details. Featuring basic results without heavy emphasis on proving theorems, Fundamentals of Stochastic Networks is a suitable book for courses on probability and stochastic networks, stochastic network calculus, and stochastic network optimization at the upper-undergraduate and graduate levels. The book also serves as a reference for researchers and network professionals who would like to learn more about the general principles of stochastic networks.
Author: Richard Serfozo
Publisher: Springer Science & Business Media
ISBN: 1461214823
Category : Mathematics
Languages : en
Pages : 312
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Book Description
Beginning with Jackson networks and ending with spatial queuing systems, this book describes several basic stochastic network processes, with the focus on network processes that have tractable expressions for the equilibrium probability distribution of the numbers of units at the stations. Intended for graduate students and researchers in engineering, science and mathematics interested in the basics of stochastic networks that have been developed over the last twenty years, the text assumes a graduate course in stochastic processes without measure theory, emphasising multi-dimensional Markov processes. Alongside self-contained material on point processes involving real analysis, the book also contains complete introductions to reversible Markov processes, Palm probabilities for stationary systems, Little laws for queuing systems and space-time Poisson processes.
Author: Sucharith Vanguri
Publisher:
ISBN:
Category : Discrete-time systems
Languages : en
Pages :
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Book Description
Project management has become a key component for improving organizational performance and is applied in many business areas and industries. Resource-constrained stochastic project networks are quite common. Managing such projects to maximize resource utilization and reduce project duration simultaneously is difficult. Resource loading, assignment rules, and priorities significantly affect project performance, especially in shared-resource, multi-project environments. This thesis provides an approach for using discrete-event simulation to analyze the behavior and performance of project networks that use resource pools. A method to translate project networks into simulation models is developed. The translator is used to convert and evaluate a benchmark test set of resource constrained stochastic project networks. The effect of factors like project network complexity, resource availability and allocation strategies on project performance is analyzed using a completely randomized design with factorial arrangement of the aforementioned factors. The conversion process and results from the analysis are discussed.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Project management has become a key component for improving organizational performance and is applied in many business areas and industries. Resource-constrained stochastic project networks are quite common. Managing such projects to maximize resource utilization and reduce project duration simultaneously is difficult. Resource loading, assignment rules, and priorities significantly affect project performance, especially in shared-resource, multi-project environments. This thesis provides an approach for using discrete-event simulation to analyze the behavior and performance of project networks that use resource pools. A method to translate project networks into simulation models is developed. The translator is used to convert and evaluate a benchmark test set of resource constrained stochastic project networks. The effect of factors like project network complexity, resource availability and allocation strategies on project performance is analyzed using a completely randomized design with factorial arrangement of the aforementioned factors. The conversion process and results from the analysis are discussed.
Author: R. Slowinski
Publisher: Elsevier
ISBN: 1483290727
Category : Business & Economics
Languages : en
Pages : 540
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Book Description
This multi-author volume, containing contributions from international experts in the field, presents recent developments in project scheduling for both theory and practice. It is organized in three parts: I. Basic deterministic models; II. Special deterministic models; III. Stochastic models. A variety of approaches is presented dealing with multiple-category resource constraints, different mathematical models of activities, and various project performance measures in single and multiobjective formulation. Exact and heuristic algorithms are presented for both deterministic and stochastic project description.The volume will be of special interest to scientists, students, decision makers, executive managers, consultants and practitioners involved in systems management or operations research, in particular in business, engineering, and finance, but also in other areas of pure and applied sciences.
Author: Paul Glasserman
Publisher: Springer Science & Business Media
ISBN: 146124062X
Category : Mathematics
Languages : en
Pages : 305
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Book Description
Two of the most exciting topics of current research in stochastic networks are the complementary subjects of stability and rare events - roughly, the former deals with the typical behavior of networks, and the latter with significant atypical behavior. Both are classical topics, of interest since the early days of queueing theory, that have experienced renewed interest mo tivated by new applications to emerging technologies. For example, new stability issues arise in the scheduling of multiple job classes in semiconduc tor manufacturing, the so-called "re-entrant lines;" and a prominent need for studying rare events is associated with the design of telecommunication systems using the new ATM (asynchronous transfer mode) technology so as to guarantee quality of service. The objective of this volume is hence to present a sample - by no means comprehensive - of recent research problems, methodologies, and results in these two exciting and burgeoning areas. The volume is organized in two parts, with the first part focusing on stability, and the second part on rare events. But it is impossible to draw sharp boundaries in a healthy field, and inevitably some articles touch on both issues and several develop links with other areas as well. Part I is concerned with the issue of stability in queueing networks.
