An Interactive Decomposable Heuristic for Project Selection

作者: Tomislav Mandakovic , William E. Souder

DOI: 10.1287/MNSC.31.10.1257

关键词:

摘要: Decomposable systems, decomposition and 0-1 integer programming techniques are reviewed relative to project selection problems. It is concluded that a heuristic procedure suitable way handle such problems in organizational settings. A hierarchical multiperiod multidimensional model proposed. Good results obtained based on an existing algorithm by Toyoda, means of decomposable interactive formulation. Examples discussions included show how the use this can improve management decisions. major advantage formulation its flexibility many different R&D situations, feature which should increase usefulness over other Project Selection Models. The be used multihierarchy ambience, parametric budgeting, as control tool. provides for improving communications integrating divergent viewpoints.

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