Value analysis planning with goal programming
Date of Original Version
This paper presents a model to support planning decisions in the engineering methodology referred to as value analysis. A goal programming model incorporating elements of critical path method and concurrent engineering is proposed as a means to augment the planning of value analysis projects. The modeling approach builds and extends prior goal programming research by uniquely incorporating both timing and cost information to ease modeling complexity and reveal scheduling resource tradeoffs. An illustrative example is presented to demonstrate the modeling approach informational efficacy.
Annals of Operations Research
Schniederjans, Marc J., Dara Schniederjans, and Qing Cao. "Value analysis planning with goal programming." Annals of Operations Research 251, 1-2 (2017): 367-382. doi:10.1007/s10479-015-1882-9.