Cost minimization model for construction equipment replacement policy

Dissertant

al-Sadi, Anas Ahmad

Thesis advisor

al-Ani, Raji

Comitee Members

Hiyasat, Muhammad A. S.
Mahir, Rami A.

University

Isra University

Faculty

Faculty of Engineering

University Country

Jordan

Degree

Master

Degree Date

2013

English Abstract

Construction companies are heavily dependent on their heavy construction equipment fleets.

These equipment fleets represent large capital investment by companies.

Equipment managers must make complex decisions on their deployment, maintenance and retirement.

They have finite physical and economic life and require replacement at some stage.

However, different methodologies are employed in determining the time of construction equipment replacement.

Among these decisions making approaches are optimization models.

Which are relatively recent, and still need more researches to enhance them.

This thesis investigates the mechanics of one of the most widely used replacement analysis theories, and how it can be implemented into a practical easy to use mathematical optimization model.

Also, in this thesis, a Matlab code that can be used as a decision making aid tool was developed.

Main Subjects

Civil Engineering

Topics

• Costs
• Building materials

No. of Pages

56

Table of Contents

• APA
• MLA
• AMA

Language

English

Data Type

Arab Theses

Record ID

BIM-546122