Optimal road project portfolio selection under limited local authorities' budgets in polynomial time

Erel Avineri, Yuval Cohen

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

In most cases of road project portfolio selection, a limited budget is spent to build the best subset of a large set of possible road links. This paper tackles a special case where budgets of local entities located in the same geographical area of an authority that tries to optimize the selection of a road projects' subset. The non-polynomial complexity of existing formulations is prohibitive and dictates the use of search techniques for solutions. The technique uses a transfiguration of the problem into a minimum cost network flow problem which ensures optimal solution in polynomial time.

Original languageEnglish
Title of host publication14th International Conference on Industrial Logistics, ICIL 2018 - Conference Proceedings
EditorsYuval Cohen, Zilla Sinuany-Stern
PublisherBen-Gurion University
Pages29-34
Number of pages6
ISBN (Electronic)9789655725735
StatePublished - 2018
Externally publishedYes
Event14th International Conference on Industrial Logistics, ICIL 2018 - Beer-Sheva, Israel
Duration: 15 May 201817 May 2018

Publication series

Name14th International Conference on Industrial Logistics, ICIL 2018 - Conference Proceedings

Conference

Conference14th International Conference on Industrial Logistics, ICIL 2018
Country/TerritoryIsrael
CityBeer-Sheva
Period15/05/1817/05/18

Bibliographical note

Publisher Copyright:
Copyright © ICIL, Beer-Sheva, Israel 2018.

Keywords

  • Binary variable optimization
  • Maximal flow optimization
  • Project selection
  • Transportation
  • Transportation management

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