aMaster Student of Industrial Management, Department of Industrial Management, Islamic Azad University of Najafabad, Najafabad, Iran
bFaculty Member, Departmenrt of Management, Isfahan university, Isfahan, Iran
cFaculty Member, Departmenrt of Management, Shahid Beheshti university, Tehran, Iran
Online published on 4 February, 2015.
In this paper we try to propose a mathematical model for scheduling one of the production of Fanavaran Naftabzar Company; the name of the project is Beach Gas Station because it is very useful for implementing near the beach locations that implementation of ordinary gas stations is impossible. Implementation of the cited project has limitation of time and the company must complete the project as fast as it is possible, therefore minimizing the finish time of the project should be considered in designing the model, which is why one of the objective functions related to our model is designed for minimization of the project-related finish time. Moreover another criteria which plays the key role in scheduling of this project is amount of net present value of that, and authorities take priority over increase in amount of project NPV substantially. Thereby, we propose other objective function for maximizing the NPV of project. Budget limitation is also considered in constrains, then the final scheduling of project which looks both logical and suitable is proposed.
Project scheduling with limited resources, Net present value, Fixed prioritization method
