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Write a paper in which, a two-phase genetic algorithm (GA) model is proposed to solve the resource-constrained project scheduling problem. Both time-cost trade-off and resource scheduling are considered in the proposed model. In addition to ordinary resource constraints, the two-phase GA model also allows for interruption and overlap of activities. The model has a total of four subsystems: the input subsystem, the time-cost trade-off subsystem, the resource scheduling subsystem, and the output subsystem. The time-cost trade-off subsystem takes into account the direct cost, indirect cost, and interruption cost. The resource scheduling subsystem ensures that the precedence relationships, resource constraints, and interruption/overlap conditions are met.
An example project and a real project are presented to validate the model. To obtain an optimal solution, enumeration in GA processing with different combinations of GA parameters is necessary. The example project demonstrates how the two-phase GA model handles resource constraints and interruption/overlap of activities. The effectiveness of the two-phase GA model is proved through the generation of an optimal duration which is shorter than the planned construction duration.
Miller Mfg. is analyzing a proposed project. The company expects to sell 11,000 units, give or take 4 percent. The expected variable cost per unit is $7.00 and the expected fixed cost is $35,000. The fixed and variable cost estimates are considered a..
A bond with 20 years until maturity has a coupon rate of 7.4 percent and a yield to maturity of 7.5 percent. What is the price of the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your resp..
What is the nominal cost of six month discount loan of 100,000 with a stated rate of 8% if there are 100 in closing cost due at the beginning?
Assume the company uses variable costing: Compute the unit product cost for year 1 and year 2. Assume the company uses absorption costing: Prepare an income statement for year 1 and year 2. Reconcile the difference between variable costing and absorp..
Kelly's Corner Bakery purchased a lot in Oil City six years ago at a cost of $278,000. Today, that lot has a market value of $264,000. At the time of purchase, the company spent $6,000 to level the lot and another $8,000 to install storm drains. What..
You have been diligently saving to buy a boat. For the last 10 years, you have been putting $50 per month into a secret savings account paying .5% interest per year. You started with $0. You just discovered that your spouse knew about the account the..
Decedent’s family owned a partnership that invested in real estate that was worth $4 million at Decedent’s death. Decedent owns a one-quarter interest in the family partnership. What is the value of the Decedent’s partnership interest for estate tax ..
A company’s bonds have a par value of $1,000 par, 7.8% coupon rate and 30-year maturity. The bonds currently sell for $1,107.20 and pay coupon semi-annually. What is the bonds' yield to maturity? A Company's last dividend was $1.35. The dividend grow..
Why would the total payout model need?
All of the following are ISO commercial crime coverage exclusions except. A financial instrument that's value is based on an underlying security or commodity is called a/an?
Identify specific fraud risk present during PwC's audits of the Lipper hedge funds. Explain how Pwc should have responded to the fraud risk factors that you identified.
Fairway Golf Corporation has a beta of 1.2. If the three-month Treasury bills currently yield 2.9 percent and the market risk premium is estimated to be 5.2 percent, what is Fairway’s cost of equity capital?
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