Maximizing project cash availability

Consider a project during the life cycle of which there are cash payouts and in‐flows. To better meet his financial commitments, the project owner would like to meet all deadlines without running out of cash. We show that the cash availability objective is similar to the total weighted flowtime used to measure work‐in‐progress performance in the scheduling and inventory control literatures. In this article we provide several specialized solution methods for the problem of minimizing total weighted flowtime in an arbitrary acyclic project network, subject to activity release times and due dates, where the activity weights may be positive or negative and represent cash in‐ and out‐flows. We describe the structure of an optimal solution and provide several efficient algorithms and their complexity based on mincost and maxflow formulations. © 2006 Wiley Periodicals, Inc. Naval Research Logistics, 2006     

How the End Begins: The Road to a Nuclear World War III

Ron Rosenbaum, How the End Begins: The Road to a Nuclear World War III. Simon & Schuster, 2011. 305 pages, $28.     

People's War? Self-Interest,Coercion and Ideology in Nepal's Maoist Insurgency

This paper analyses the micro-level processes by which ordinary rural Nepalis came to support the Maoist insurgency. Working through the implications of orthodox collective action theory, it finds that Maoist cadres are unlikely to have been strongly motivated by considerations of acquisitive self-interest. However, the participation of many may have been partly secured through various forms of coercion. Non-instrumental motivations for participation that are not accounted for by the rational choice premises that underpin conventional collective action theory are also identified. These are found to have been of particular significance in the violent and uncertain context of contemporary Nepal.     

Simulation of stochastic activity networks using path control variates

This article details several procedures for using path control variates to improve the accuracy of simulation-based point and confidence-interval estimators of the mean completion time of a stochastic activity network (SAN). Because each path control variate is the duration of the corresponding directed path in the network from the source to the sink, the vector of selected path controls has both a known mean and a known covariance matrix. This information is incorporated into estimation procedures for both normal and nonnormal responses. To evaluate the performance of these procedures experimentally, we examine the bias, variance, and mean square error of the controlled point estimators as well as the average half-length and coverage probability of the corresponding confidence-interval estimators for a set of SANs in which the following characteristics are systematically varied: (a) the size of the network (number of nodes and arcs); (b) the topology of the network; (c) the percentage of activities with exponentially distributed durations; and (d) the relative dominance of the critical path. The experimental results show that although large improvements in accuracy can be achieved with some of these procedures, the confidence-interval estimators for normal responses may suffer serious loss of coverage probability in some applications.     

The fateful phoenix: the revival of Al-Qa’ida in Iraq

Although the Islamic State in Iraq and al-Sham (ISIS) is seen as a novel manifestation of Islamic extremism, it is in fact the latest, albeit perhaps the most effective, of a long line of revivalist movements in the Islamic and the Arab worlds. Its motivations – hisba and jihad – differ little from its predecessors and its ambitions – to create a state organised in accordance with the precepts of the Islamic caliphate – reflect a long-standing Islamic ambition. It differs, of course, in terms of the sophistication of its political and military strategies, which mirror the contemporary complexities of the world in which it operates, but its objectives recall long-standing Islamic ideals, even if articulated in radically brutal and extremist ways. More importantly, perhaps, ISIS or Da’ish, to give it its Arabic sobriquet, reflects the enormous degree of resentment inside the Middle East at the ways in which Western powers have intervened in regional affairs over recent years, particularly their support for regimes and economic systems there that have betrayed, in the popular imaginary, the essential principles of social justice that lie at the root of Islamic vision of ideal social order. Indeed, in many respects, its analysis of the world in which it operates and of the objectives it seeks differ little in essence from those any other resistance and rejectionist movement, whether religious or sectarian. More specifically, it has been the sectarian conflict that resulted from the reversal of political order in Iraq as a result of the 2003 American-led invasion that has driven the success of the movement in capturing widespread Sunni support. Whether it can manage the complexities of the administration of a state remains open to question.     

Optimal selection with alternative information

This article examines the problem of optimally selecting from several unknown rewards when there are given alternative, costly sources of information. The optimal rule, indicating the information to be purchased and the reward to be selected, is specified as a function of the decision maker's prior probabilities regarding the value of each alternative. The rule is surprisingly complex, balancing prior beliefs, the “informativeness” of the relevant information system, and the cost of acquiring information.     

Book Reviews

The Mini-Nuke Conspiracy by Peter Hounam and Steve McQuillan, London: Faber and Faber, (1995)

The Amateur Strategist: Intuitive Deterrence Theories and the Politics of the Nuclear Arms Race By James DeNardo, Cambridge: Cambridge University Press (1995), (pbk) ISBN 0-521-48446-4

After Empire: The Emerging Geopolitics of Central Asia By Jed C. Snyder (ed.), Washington DC: National Defense University Press, (1995), 235 pp., ISBN 0-16-051682-x.