• DocumentCode
    3247404
  • Title

    Study of payment scheduling optimization with generalized precedence relations in the progress payment model

  • Author

    Pang, Nansheng ; Zhang, Yi ; Huang, Hui

  • Author_Institution
    Coll. of Econ. & Manage., North China Electr. Power Univ., Beijing, China
  • fYear
    2010
  • fDate
    20-21 Oct. 2010
  • Firstpage
    421
  • Lastpage
    423
  • Abstract
    Based on the consideration of the client and the contractor´s joint project profit, a compromise thought that both the client and the contractor deviate from their respective ideal solutions by an equal percentage is proposed, an optimization model of payment scheduling with generalized precedence relations in the progress payment model is constructed. Ultimately, an example is given to demonstrate the effectiveness and practicality of the optimal model.
  • Keywords
    financial management; optimisation; scheduling; client-contractor joint project profit; generalized precedence relations; payment scheduling optimization model; progress payment model; Europe; Processor scheduling; Generalized Precedence Relations; Multiple Mode of Activity; Payment Scheduling; Progress Payments;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Knowledge Acquisition and Modeling (KAM), 2010 3rd International Symposium on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-8004-3
  • Type

    conf

  • DOI
    10.1109/KAM.2010.5646275
  • Filename
    5646275