Volume 1, Issue 4 (12-2011)                   IJOCE 2011, 1(4): 557-570 | Back to browse issues page

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Abstract:   (23919 Views)
In this paper, an efficient multi-objective model is proposed to solve time-cost trade off problem considering cash flows. The proposed multi-objective meta-heuristic is based on Ant colony optimization and is called Non Dominated Archiving Ant Colony Optimization (NAACO). The significant feature of this work is consideration of uncertainties in time, cost and more importantly interest rate. A fuzzy approach is adopted to account for uncertainties. Mathematics of cash-flow analysis in a fuzzy environment is described. A case study is done using the proposed approach
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Type of Study: Research | Subject: Optimal design
Received: 2012/02/28 | Published: 2011/12/15

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