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Conference Paper: Optimising time and cost in construction material logistics

TitleOptimising time and cost in construction material logistics
Authors
KeywordsAcquisition cost
buffer stock
construction material
genetic algorithms
materials logistics
Issue Date2008
PublisherCzech Technical University, CTU Publishing House
Citation
BuHu 8th International Postgraduate Research Conference, Prague, Czech Republic, 26-27 June 2008, p. 389-400 How to Cite?
AbstractMaterials are important in every construction project as they contribute to a significant proportion of the total construction costs. As a result, planners and managers would strive to plan and control the ordering, distribution and storage of materials (i.e. the logistics process) carefully in order to maximize the productivity. Despite that, there is a lack of simple but powerful formalism to analyze and model the logistics process under a dynamic environment. This research aims to resolve the problem and facilitate the decision-makers to increase the productivity while minimizing the cost through better logistics arrangement. In this research, the common material logistics practices are revealed and a material management tool by referring to the acquisition cost is devised. Time and cost are both considered by linking the schedule of material delivery to the construction program to establish the determinant variables which could affect the material acquisition costs. Genetic algorithms are used to generate the best working and delivery schedules with the lowest material acquisition cost. The results of this research can be used for re-engineering and improving the logistics management at the stage of planning changes and evaluating the effects of those changes before such a decision is made.
Persistent Identifierhttp://hdl.handle.net/10722/110948
ISBN

 

DC FieldValueLanguage
dc.contributor.authorFang, Yen_HK
dc.contributor.authorNg, TSTen_HK
dc.date.accessioned2010-09-26T02:28:02Z-
dc.date.available2010-09-26T02:28:02Z-
dc.date.issued2008en_HK
dc.identifier.citationBuHu 8th International Postgraduate Research Conference, Prague, Czech Republic, 26-27 June 2008, p. 389-400en_HK
dc.identifier.isbn978-80-01-04093-5-
dc.identifier.urihttp://hdl.handle.net/10722/110948-
dc.description.abstractMaterials are important in every construction project as they contribute to a significant proportion of the total construction costs. As a result, planners and managers would strive to plan and control the ordering, distribution and storage of materials (i.e. the logistics process) carefully in order to maximize the productivity. Despite that, there is a lack of simple but powerful formalism to analyze and model the logistics process under a dynamic environment. This research aims to resolve the problem and facilitate the decision-makers to increase the productivity while minimizing the cost through better logistics arrangement. In this research, the common material logistics practices are revealed and a material management tool by referring to the acquisition cost is devised. Time and cost are both considered by linking the schedule of material delivery to the construction program to establish the determinant variables which could affect the material acquisition costs. Genetic algorithms are used to generate the best working and delivery schedules with the lowest material acquisition cost. The results of this research can be used for re-engineering and improving the logistics management at the stage of planning changes and evaluating the effects of those changes before such a decision is made.-
dc.languageengen_HK
dc.publisherCzech Technical University, CTU Publishing House-
dc.relation.ispartofProceedings of the BuHu 8th International Postgraduate Research Conference 2008 : Prague, Czech Republic, June 26th-27th 2008en_HK
dc.rightsThis work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.-
dc.subjectAcquisition cost-
dc.subjectbuffer stock-
dc.subjectconstruction material-
dc.subjectgenetic algorithms-
dc.subjectmaterials logistics-
dc.titleOptimising time and cost in construction material logisticsen_HK
dc.typeConference_Paperen_HK
dc.identifier.emailNg, TST: tstng@hkucc.hku.hken_HK
dc.identifier.authorityNg, TST=rp00158en_HK
dc.description.naturepublished_or_final_version-
dc.identifier.hkuros142825en_HK

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