Selecting among scheduled projects

  • Authors:
  • Bengt Aspvall;Sjur Didrik Flåm;Kåre P. Villanger

  • Affiliations:
  • Department of Informatics, University of Bergen, N-5020 Bergen, Norway;Department of Economics, University of Bergen, N-5020 Bergen, Norway;Christian Michelsen Research, N-5036 Fantoft, Norway

  • Venue:
  • Operations Research Letters
  • Year:
  • 1995

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Abstract

We demonstrate a rule for optimally selecting m among n scheduled projects under discounting. The problem formulation applies to situations of restricted choice in sequential developments of resource deposits.