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Ordering Strategy Analysis of Prefabricated Component Manufacturer in Construction Supply Chain
Joint Authors
Yang, Hongxiong
Chung, Jacky K. H.
Chen, Yuhong
Pan, Yifan
Mei, Zhiling
Sun, Xiongle
Source
Mathematical Problems in Engineering
Issue
Vol. 2018, Issue 2018 (31 Dec. 2018), pp.1-16, 16 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2018-01-15
Country of Publication
Egypt
No. of Pages
16
Main Subjects
Abstract EN
Firstly, the characteristics and present situations of the prefabricated construction supply chain are analyzed; inventory cost models for construction material of every phase order, one-off order, and fractionated order are built based on traditional EOQ model and construction supply chain theory.
Next, the order decision is represented in binary numbers 0 and 1, in which 0 stands for “no order” and 1 for “order.” The analysis uses the genetic algorithm, sets the objective function, and undergoes testing and assessing the individual fitness function, encoding, decoding, crossover, mutation, and selecting parameter.
Moreover, inventory cost of construction supply chain is processed and optimized in Matlab.
The research establishes a research paradigm on supply chain management of component manufacturing and materials supply.
This study concludes the ordering strategy on construction material, identifies the optimal order points and order batches, and provides recommendations for further research.
American Psychological Association (APA)
Yang, Hongxiong& Chung, Jacky K. H.& Chen, Yuhong& Pan, Yifan& Mei, Zhiling& Sun, Xiongle. 2018. Ordering Strategy Analysis of Prefabricated Component Manufacturer in Construction Supply Chain. Mathematical Problems in Engineering،Vol. 2018, no. 2018, pp.1-16.
https://search.emarefa.net/detail/BIM-1207275
Modern Language Association (MLA)
Yang, Hongxiong…[et al.]. Ordering Strategy Analysis of Prefabricated Component Manufacturer in Construction Supply Chain. Mathematical Problems in Engineering No. 2018 (2018), pp.1-16.
https://search.emarefa.net/detail/BIM-1207275
American Medical Association (AMA)
Yang, Hongxiong& Chung, Jacky K. H.& Chen, Yuhong& Pan, Yifan& Mei, Zhiling& Sun, Xiongle. Ordering Strategy Analysis of Prefabricated Component Manufacturer in Construction Supply Chain. Mathematical Problems in Engineering. 2018. Vol. 2018, no. 2018, pp.1-16.
https://search.emarefa.net/detail/BIM-1207275
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1207275