Scheduling tasks with failure probabilities to minimize expected cost

Mordechai I. Henig*, David Simchi‐Levi

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

A project is made of several tasks which can be executed in parallel. Each task is associated with performance cost and failure probability. If all tasks succeed a reward is obtained. We suggest a dynamic programming algorithm to solve the problem of scheduling the tasks in order to maximize the expected discounted profit. We show that the general problem is NP‐complete, but that there are cases where the dynamic programming algorithm is polynomially bounded.

Original languageEnglish
Pages (from-to)99-109
Number of pages11
JournalNaval Research Logistics
Volume37
Issue number1
DOIs
StatePublished - Feb 1990

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