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http://dx.doi.org/10.9708/jksci.2016.21.5.161

Minimum Net profit Project Deleting Algorithm for Choice of Facility Expansion Projects Problem  

Lee, Sang-Un (Dept. of Multimedia Engineering, Gangneung-Wonju National University)
Abstract
This paper suggests heuristic algorithm with O(m) linear time complexity for choice of expansion projects that can't be obtain the optimal solution using linear programming until now. This algorithm ascending sort of net profit for all projects. Then, we apply a simple method that deletes the project with minimum net profit until this result satisfies the carried over for n-years more than zero value. While this algorithm using simple rule, not the linear programing fails but the proposed algorithm can be get the optimal solution for experimental data.
Keywords
Costs; Funds; Net profit; Carried over; Benefits;
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