2007
DOI: 10.1016/j.ijproman.2006.11.008
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Optimizing the development schedule of resort projects by integrating simulation and genetic algorithm

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Cited by 24 publications
(16 citation statements)
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“…The experiments were conducted using training and testing sets prepared on the basis of 150 actual sale transactions made in a residential section of a Polish city. Dzeng et al [6] applied simulation and a polyploidy genetic algorithm to help in the development of resort projects, which require a continuous and larger investment of resources compared to conventional real estate projects. The proposal allows investors to achieve increased profits, as well as maintaining the cash flow at a secure level.…”
Section: Related Workmentioning
confidence: 99%
“…The experiments were conducted using training and testing sets prepared on the basis of 150 actual sale transactions made in a residential section of a Polish city. Dzeng et al [6] applied simulation and a polyploidy genetic algorithm to help in the development of resort projects, which require a continuous and larger investment of resources compared to conventional real estate projects. The proposal allows investors to achieve increased profits, as well as maintaining the cash flow at a secure level.…”
Section: Related Workmentioning
confidence: 99%
“…Computer based modeling is widely used for the simulation and analysis of economic problems and is known to be an efficient tool for the optimization of project productivity, represented here in terms of the schedule, and the quantity and quality of the output [60,61]. In the context of project management, a project management tool based on 4D simulation is an effective and popular method which facilitates the exploration, description and interpretation of the processes and behaviors involved in construction projects.…”
Section: Bim-based 4d For Managing Module Manufacturingmentioning
confidence: 99%
“…Wang [36] has elaborated a decision support system that, through a data envelopment analysis, converts numerical data into information that can be used to evaluate real estate investments. Dzeng e Lee [10] have proposed a model to optimize the development schedule of resort projects using a polyploidy genetic algorithm.…”
Section: Introduction*mentioning
confidence: 99%