An MILP Model for the Internal Audit Scheduling Problem

Yildirim V., Angün M. E., Öncan T.

IEEE International Conference on Industrial Engineering and Engineering Management (IEEE IEEM), Bangkok, Thailand, 16 - 19 December 2018, pp.442-446 identifier

  • Publication Type: Conference Paper / Full Text
  • City: Bangkok
  • Country: Thailand
  • Page Numbers: pp.442-446
  • Keywords: Audit scheduling, modeling, mixed integer linear programming
  • Galatasaray University Affiliated: Yes

Abstract

In this study we develop a Mixed Integer Linear Programming (MILP) formulation for the internal Audit Scheduling Problem (ASP) which arises in many organizations. The developed model consists of tailor-made constraints for the ASP in the context of management system standards. An illustrative real-world problem has been introduced and solved by a state-of-the-art commercial solver. The computational efficiency of the proposed MILP formulation is promising to solve large-scale and complex problems.