Note—Project Selection and Sequencing to Maximize Net Present Value of the Total Return
研究如何同时选择一组项目并确定最优实施顺序,以最大化总回报的净现值,并提出一种高效的多项式动态规划方法。
This note considers a problem of simultaneous selection of a subset of N projects and determination of an optimal sequence to implement these projects so as to maximize the net present value of the total return. We first establish an optimal sequence of all projects which does not depend on the particular subset of selected projects and then propose an efficient polynomial dynamic programming method for solving the problem.