This digital document is an article from Engineering Economist, published by Institute of Industrial Engineers, Inc. (IIE) on September 22, 1999. The length of the article is 3956 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the author: This paper proposes a new heuristic algorithm for solving the project selection problem. A revised decision criterion in conjunction with the techniques of searching the feasible range and the reduced candidate set is applied to improve the heuristic solution and to minimize the computational efforts. Six hard cases are tested using the presented algorithm and two other methods. Results show that the approach used in this study excels previous works in producing a small feasible range and in dealing with the abnormal data set.

Citation Details
Title: An efficient approach to prioritize projects under budget constraints.
Author: Chiu-Chi Wei
Publication: Engineering Economist (Refereed)
Date: September 22, 1999
Publisher: Institute of Industrial Engineers, Inc. (IIE)
Volume: 44 Issue: 3 Page: 261(1)

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