Dynamic and stochastic multi-project planning (Q2442899)

This book contains the author's doctoral dissertation which was accepted at Technische Universität München. The thesis deals with dynamic and stochastic methods for multi-project planning. Reviewed monograph is devoted to following problems: detailed scheduling of project activities, integrated order acceptance and capacity planning. The book is divided into nine chapters and two appendices. Some preliminaries are described in the Chapter 1. In the Chapter 2, preliminary assumptions and notation are introduced for the dynamic-stochastic multi-project scheduling problem. The Chapter 3 contains a review of the most relevant literature for considered problem. The Chapter 4 presents the basis theory of continuous-time Markov decision processes. Furthermore, the most important algorithms for determining optimal policies are outlined here. The Chapter 5 is devoted to formal description of relevant problem parameters and the procedure for generating problem instances. An extensive simulation study is given in the Chapter 6. In the Chapter 7 author considers such scheduling policies which are optimal or optimized. The final conclusions are given in the Chapter 8. Appendix A contains all used abbreviations. In the Appendix B we can find all applied mathematical symbols. In general I can say that the book investigates by existing scheduling policies by an extensive simulation study. In my opinion, the book under review is an example of typical research report. It may be used as supplementary reading to advanced course lecture of operations research.