International Journal of Computer and Engineering Management
نویسنده
چکیده
This paper proposes a heuristic algorithm for solving the project selection problem under budget constraint. A decision criterion of net profit in conjunction with the techniques of searching the feasible range and the reduced candidate set is applied to obtain better heuristic solution and to minimize the computation effort. Six cases with different data variances are tested using the algorithm, and results show that the approach proposed can produce near-optimal solution efficiently.
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