Stochastic Project Networks

Stochastic Project Networks PDF Author:
Publisher:
ISBN: 9780387526645
Category : Network analysis (Planning)
Languages : en
Pages : 237

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Book Description

Stochastic Project Networks

Stochastic Project Networks PDF Author:
Publisher:
ISBN: 9780387526645
Category : Network analysis (Planning)
Languages : en
Pages : 237

Get Book Here

Book Description


Stochastic Project Networks

Stochastic Project Networks PDF 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.

Stochastic Project Management Networks

Stochastic Project Management Networks PDF Author: Michael David Bird
Publisher:
ISBN:
Category :
Languages : en
Pages : 392

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Book Description


Critical Resource Allocation in Stochastic Project Networks

Critical Resource Allocation in Stochastic Project Networks PDF Author: Patrick Vance Kauffold
Publisher:
ISBN:
Category : Computer simulation
Languages : en
Pages : 758

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Book Description


On Stochastic Analysis of Project-networks

On Stochastic Analysis of Project-networks PDF Author: Wolfgang Gaul
Publisher:
ISBN:
Category :
Languages : en
Pages : 26

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Book Description


Efficiency of the Antithetic Variate Method for Simulating Stochastic Project Networks

Efficiency of the Antithetic Variate Method for Simulating Stochastic Project Networks PDF Author: Robert S. Sullivan
Publisher:
ISBN:
Category : Monte Carlo method
Languages : en
Pages : 28

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Book Description


Fundamentals of Stochastic Networks

Fundamentals of Stochastic Networks PDF 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.

Analysis of Resource-constrained Stochastic Project Networks Using Discrete-event Simulation

Analysis of Resource-constrained Stochastic Project Networks Using Discrete-event Simulation PDF 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.

ANALYSIS OF RESOURCE-CONSTRAINED STOCHASTIC PROJECT NETWORKS USING DISCRETE-EVENT SIMULATION.

ANALYSIS OF RESOURCE-CONSTRAINED STOCHASTIC PROJECT NETWORKS USING DISCRETE-EVENT SIMULATION. PDF 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.

Dynamic and Stochastic Multi-Project Planning

Dynamic and Stochastic Multi-Project Planning PDF Author: Philipp Melchiors
Publisher: Springer
ISBN: 3319045407
Category : Business & Economics
Languages : en
Pages : 216

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Book Description
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.