Article ID: | iaor201529833 |
Volume: | 25 |
Issue: | 1 |
Start Page Number: | 28 |
End Page Number: | 46 |
Publication Date: | Nov 2016 |
Journal: | International Journal of Operational Research |
Authors: | Jain Karuna, Bilolikar Vijay S, Sharma Mahesh |
Keywords: | project management, optimization: simulated annealing, heuristics: genetic algorithms |
This paper presents an adaptive crossover genetic algorithm with simulated annealing metaheuristic procedure for solving a multimode resource‐constrained project scheduling problem with discounted cash flows for minimising costs. To solve the problem, a genetic algorithm is proposed for the global search, and simulated annealing is used for the local search. Two crossover operators are employed. A mathematical model is developed for the problem. Detailed computational experiments are performed on a standard problem set with randomly generated resource costs to evaluate the performance of the proposed hybrid approach.