Material Supply Optimization of Large Scale Projects from a Total Cost of Ownership Perspective

@article{Li2007MaterialSO,
  title={Material Supply Optimization of Large Scale Projects from a Total Cost of Ownership Perspective},
  author={Wu Li and Chaoyuan Yue and Hongsheng Xie and Yang Chen},
  journal={Third International Conference on Natural Computation (ICNC 2007)},
  year={2007},
  volume={5},
  pages={629-633}
}
Efficient procurement and delivery plan of materials plays an important role in reducing construction cost of a large scale project, since the expenses of materials supply constitute the main cost of it. Little attention was given in the literature to decision on appropriate material supply of large scale projects, in the case of multiple periods, multiple suppliers, with a transit warehouse and suppliers' capacity constraints. Most of models analyzing such decision tended to consider only… CONTINUE READING

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