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Project Cost Optimization Analysis

The document presents a linear programming problem to minimize the total project cost subject to resource and timing constraints. The objective is to minimize a total cost of $9,300 by optimally allocating tasks A through G, each with normal and crashed durations, among workers with capacities of 3 to 12 hours. 17 constraints must be met to satisfy resource limits and ensure tasks are completed on time.
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0% found this document useful (0 votes)
113 views2 pages

Project Cost Optimization Analysis

The document presents a linear programming problem to minimize the total project cost subject to resource and timing constraints. The objective is to minimize a total cost of $9,300 by optimally allocating tasks A through G, each with normal and crashed durations, among workers with capacities of 3 to 12 hours. 17 constraints must be met to satisfy resource limits and ensure tasks are completed on time.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Variables Objective

Finish Time Minimize $ 900.00


xA 3
xB 2 Normal Cost $ 8,400.00
xC 7 Total Cost $ 9,300.00
xD 7
xE 12
xF 9
xG 11
Crashed Time
yA 0
yB 0
yC 1
yD 0
yE 1
yF 0
yG 0
Constraints
No. Equality
1 3 ≥ 3
2 2 ≥ 2
3 5 ≥ 5
4 5 ≥ 5
5 6 ≥ 6
6 6 ≥ 6
7 2 ≥ 2
8 2 ≥ 2
9 2 ≥ 2
10 11 ≤ 12
11 12 ≤ 12
12 0 ≤ 1
13 0 ≤ 1
14 1 ≤ 2
15 0 ≤ 2
16 1 ≤ 2
17 0 ≤ 1
18 0 ≤ 1

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