Mixed Integer Linear Programming for Solving Time–Cost Trade-Off Problem of Infrastructure Project

Rodrigo Leon, Daniel Morillo-Torres, Paolo Herrera, Hector Herrera, Gustavo Gatica, Gonzalo Aguila

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

A contribution is sought in the time–cost trade-off problem (TCTP) to determine a minimum project duration at minimum additional costs per acceleration. To achieve the objective, a model that minimizes the deadline of the linear time–cost trade-off problem (LTCTC) with generalized precedence relations (GPR) is proposed. The optimization model corresponds to a mixed integer linear program and is solved using GNU Linear Programming Kit (GLPK), validating, and contrasting the results of an artificial case adapted from the literature and a larger case corresponding to a road infrastructure project developed in Chile. The results guarantee the fulfillment of the objectives of minimizing the project duration, increasing the profitability without exceeding the available budget, without violating the precedence and lag time restrictions. It is concluded that the proposed model allows us to address the time–cost trade-off of a generalized project efficiently.

Original languageEnglish
Title of host publicationProceedings of International Conference on Information Technology and Applications - ICITA 2023
EditorsAbrar Ullah, Sajid Anwar, Davide Calandra, Raffaele Di Fuccio
PublisherSpringer Science and Business Media Deutschland GmbH
Pages607-615
Number of pages9
ISBN (Print)9789819983230
DOIs
StatePublished - 2024
Event17th International Conference on Information Technology and Applications, ICITA 2023 - Lisbon, Portugal
Duration: 20 Oct 202222 Oct 2022

Publication series

NameLecture Notes in Networks and Systems
Volume839
ISSN (Print)2367-3370
ISSN (Electronic)2367-3389

Conference

Conference17th International Conference on Information Technology and Applications, ICITA 2023
Country/TerritoryPortugal
CityLisbon
Period20/10/2222/10/22

Keywords

  • Classification
  • GPR
  • Linear programming
  • MILP
  • Parameters
  • TCTP

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