Resource optimisation is the process of allocating and managing resources in the most efficient way possible. There are many such techniques, ranging from simple tools such as linear programming, resources levelling and line balancing, to more sophisticated tools such as OPT (Optimum Production Technology) and discrete event simulation (DES).
Each tool was, with good intent, originally designed for a specific scenario or a particular industry. It is not at all straight forward to select the right tool for the right circumstance, especially in the 21st century when many companies are operating on a global business platform which may involve many sub-contractors from various countries.
This project is to explore the feasibility of realigning some of these resources optimisation tools so that they can be fine tuned for different industrial sectors, for e.g. construction, manufacturing, IT, public sector, health, etc.
This PhD project will involve in identifying the key attributes for each of the resource tools, and integrating them in an evaluation algorithm so that not only the most suitable tool can be selected, but also a mix of tools could be combined in use to result maximum benefits for a specific company, a scenario, a project or a particular sector as a whole.