• DocumentCode
    3459062
  • Title

    Optimization Simulation of Construction Projects Materials Procurement and Storage Cost

  • Author

    Chen Jian ; Liu Weiqun ; Lin Weiyang ; Xu Lina

  • Author_Institution
    Sch. of Manage., Harbin Inst. of Technol., Harbin
  • fYear
    2008
  • fDate
    12-14 Oct. 2008
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    This paper studies optimization problem of materials procurement, storage in construction projects. With the thought of operations research, it designs objective function and constrained conditions for a materials procurement and storage optimization model. To testify the model, a specific project is studied. According to historical market data, it simulates the target cost while the factors such as market price changes to find a best cost plan by MATLAB. The method provided can be used to analyze the rule of materials procurement and storage cost and make a correct decision, or to solve the problem of analyzing and forecasting procurement and storage cost of the main material in construction projects under the relevant factors (single or multiple) uncertain.
  • Keywords
    construction industry; pricing; procurement; project management; MATLAB; construction projects materials procurement; market price; operations research; storage cost; storage optimization model; Building materials; Constraint optimization; Cost function; Design optimization; MATLAB; Material storage; Mathematical model; Operations research; Procurement; Testing;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Wireless Communications, Networking and Mobile Computing, 2008. WiCOM '08. 4th International Conference on
  • Conference_Location
    Dalian
  • Print_ISBN
    978-1-4244-2107-7
  • Electronic_ISBN
    978-1-4244-2108-4
  • Type

    conf

  • DOI
    10.1109/WiCom.2008.1834
  • Filename
    4680023