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2021-4-19 HTS- Novel Scheduling and Resource Distribution Decision Tool

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Description

LES Webinar: Novel Scheduling and Resource Distribution Decision Tool to Optimize Complex Industrial Projects

Across a wide range of industries, from construction to pharmaceuticals, manufacturing to services, optimizing task scheduling and resource utilization for large complex projects is the key to on-time and cost-effective project delivery. In this talk, we present a novel decision-support tool that takes payment terms, temporal relationships, and the evolving time-cost tradeoffs of labor into consideration, to optimize project execution while maximizing the total rate-of-return (ROR). It offers data-driven actionable decision-support for companies and organizations with project-based operations. 

• Task scheduling and resource distribution decisions in managing complex projects
• Time-cost tradeoff of labor utilization
• An optimization framework with its input data, decision variables, objective function and constraints 
• Software architecture and a prototype with GUI

 

 

 

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