THE SCHEDULING OF ACTIVITIES TO MAXIMIZE THE NET PRESENT VALUE OF PROJECTS - COMMENT

SEPIL C.

EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, vol.73, no.1, pp.185-187, 1994 (SSCI) identifier identifier

  • Publication Type: Article / Article
  • Volume: 73 Issue: 1
  • Publication Date: 1994
  • Doi Number: 10.1016/0377-2217(94)90161-9
  • Journal Name: EUROPEAN JOURNAL OF OPERATIONAL RESEARCH
  • Journal Indexes: Social Sciences Citation Index (SSCI), Scopus
  • Page Numbers: pp.185-187
  • Keywords: ACTIVITY NETWORKS, SCHEDULING
  • Middle East Technical University Affiliated: No

Abstract

In a recent paper, Elmaghraby and Herroelen have presented an algorithm to maximize the present value of a project. Here, with the help of an example, it is shown that the algorithm may not find the optimal solution.