OPTIMIZATION OF MULTI PERIOD - MULTI LOCATION CONSTRUCTION PROJECTS CONSIDERING RESOURCE POOL AND BATCH ORDERING
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Abstract:
During the past two decades, some industries have been moving towards project-centered systems in many modern countries. Therefore, managing simultaneous projects with considering the limitations in resources, equipment and manpower is very crucial. In the real world, project-based organizations are always facing with two main important features. First, the construction projects are decentralized and their distances are long, and second, there are several construction projects undertaken at different time periods. Therefore, appropriate selection of projects with regard to the capabilities of the organization may lead with increasing an expected profitability. This paper investigates the multi-period decentralized multi construction-project and scheduling problem subject to resource constraints, optimal resource pool location, deterioration and batch ordering of nonrenewable resources altogether, for the first time in the literature. In order to describe the problem under consideration in this paper and obtaining the optimal solutions, a mixed integer linear programming model is developed. Finally, the impact of decision integration on the profit profile of an organization is comprehensively investigated by solving numerical examples and through developing some heuristic methods.
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Journal title
volume 9 issue 1
pages 107- 127
publication date 2019-01
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