Download or read book A Statistical Analysis of Construction Equipment Repair Costs Using Field Data and the Cumulative Cost Model written by Zane Mitchell and published by . This book was released on 1998-04-01 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: The management of heavy construction equipment is a difficult task. Equipment managers are often called upon to make complex economic decisions involving the machines in their charge. These decisions include those concerning acquisitions, maintenance, repairs, rebuilds, replacements, and retirements. The equipment manager must also be able to forecast internal rental rates for their machinery. Repair and maintenance expenditures can have significant impacts on these economic decisions and forecasts. The purpose of this research was to identify a regression model that can adequately represent repair costs in terms of machine age in cumulative hours of use. The study was conducted using field data on 270 heavy construction machines from four different companies. Nineteen different linear and transformed non-linear models were evaluated. A second- order polynomial expression was selected as the best. It was demonstrated how this expression could be incorporated in the Cumulative Cost Model developed by Vorster where it can be used to identify optimum economic decisions. It was also demonstrated how equipment managers could form their own regression equations using standard spreadsheet and database software.
Download or read book A Statistical Analysis Of Construction Equipment Repair Costs Using Field Data The Cumulative Cost Model written by and published by . This book was released on 1998 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: The management of heavy construction equipment is a difficult task. Equipment managers are often called upon to make complex economic decisions involving the machines in their charge. These decisions include those concerning acquisitions, maintenance, repairs, rebuilds, replacements, and retirements. The equipment manager must also be able to forecast internal rental rates for their machinery. Repair and maintenance expenditures can have significant impacts on these economic decisions and forecasts. The purpose of this research was to identify a regression model that can adequately represent repair costs in terms of machine age in cumulative hours of use. The study was conducted using field data on 270 heavy construction machines from four different companies. Nineteen different linear and transformed non-linear models were evaluated. A second-order polynomial expression was selected as the best. It was demonstrated how this expression could be incorporated in the Cumulative Cost Model developed by Vorster where it can be used to identify optimum economic decisions. It was also demonstrated how equipment managers could form their own regression equations using standard spreadsheet and database software.
Download or read book Construction Equipment Management for Engineers Estimators and Owners Second Edition written by Douglas D. Gransberg and published by CRC Press. This book was released on 2020-05-31 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Construction Equipment Management for Engineers, Estimators, and Construction Managers, Second Edition has been extensively rewritten to not only bring it up to date with the state of current practice, but also to serve as a textbook for university courses in construction engineering and management. The authors advanced the previous edition’s practical, hands-on approach and added material on the future of construction equipment fleet management, which they believe will require a new technology-based skillset to maximize the cost-effectiveness of construction equipment operations. As such, the book covers the latest construction equipment technologies. Features: Examines emergent technologies in the field, including automated machine guidance systems, intelligent compaction operations, and equipment-related civil integrated management tools. Provides information on how to reduce an equipment fleet’s environmental impact, decreasing greenhouse gas emissions through enhanced equipment management and optimization practices. Discusses estimating equipment ownership, operating costs, economic life and optimal replacement timing. Demonstrates how to maximize profit by determining the optimum equipment mix and estimating productivity. Illustrates the use of production-based linear scheduling and stochastic simulations to maximize project cost and schedule certainty. This new edition will serve as an essential textbook for students as well as a valuable reference for a wide range of professionals within the construction, architecture, and engineering industries.
Download or read book Construction Equipment and Methods written by Leonhard E. Bernold and published by Wiley Global Education. This book was released on 2013-03-27 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt: Construction Equipment and Methods: Planning, Innovation, Safety fosters engineers who are information literate and able to approach complex engineering and managerial problems with confidence and skill. Students of this text will fully appreciate the practical aspects of being a construction engineer and manager, the dual nature—both technical and managerial—of the responsibilities. The text helps build these skills through: a cohesive view of construction technology, its safe use to maximize productivity, and how the principles of science are being applied; linking the material in this course to their previous courses (such as statics or geotechnical engineering); and pedagogy designed to promote knowledge, and skill acquisition, such as case studies and open-ended problems. Students will be engaged by relevant subject matter, informed by the author’s hands-on research in advanced technologies, mechatronics, robotics, ergonomics/safety, etc.The wide variety of pedagogical devices in the text will appeal to all different learning styles, and provide teachers with more opportunities and resources to get students to reflect about what they are learning, to connect the new to their past experiences, and to understand its relevance to their future.
Download or read book Operational Research in the Era of Digital Transformation and Business Analytics written by Nikolaos F. Matsatsinis and published by Springer Nature. This book was released on 2023-04-04 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: This proceedings volume presents new methods and applications in Operational Research and Management Science with a special focus on Business Analytics. Featuring selected contributions from the XIV Balkan Conference on Operational Research held in Thessaloniki, Greece in 2020 (BALCOR 2020), it addresses applications and methodological tools or techniques in various areas of Operational Research, such as agent-based modelling, big data and business analytics, data envelopment analysis, data mining, decision support systems, fuzzy systems, game theory, heuristics, metaheuristics and nature inspired optimization algorithms, linear and nonlinear programming, machine learning, multiple criteria decision analysis, network design and optimization, queuing theory, simulation and statistics.
Download or read book Dissertation Abstracts International written by and published by . This book was released on 1999 with total page 892 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Computing in Civil Engineering written by and published by . This book was released on 2007 with total page 916 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Economic and Statistical Analysis of Highway construction Expenditures written by United States. Bureau of Public Roads and published by . This book was released on 1935 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book American Doctoral Dissertations written by and published by . This book was released on 1998 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Construction Equipment Ownership and Operating Expense Schedule written by and published by . This book was released on 1995 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reliability Abstracts and Technical Reviews written by United States. National Aeronautics and Space Administration. Office of Reliability and Quality Assurance and published by . This book was released on 1968 with total page 602 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Modeling Maintenance Cost for Road Construction Equipment written by Sharif M. Bayzid and published by . This book was released on 2014 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are many road construction companies in Canada that possess numerous fleets of heavy equipment. A big portion of the operating cost of these fleets is consumed by maintenance operations. This thesis focused on the cost of maintenance operation for a road construction company. The objective of this research is to propose a systematic approach to predict the maintenance cost of road construction equipment. This research initially intended to collect and pre-process the maintenance work database. Then, trend analysis was conducted in order to obtain a better understanding of maintenance costs. Moreover, this research intended to find the probable correlations between maintenance cost and other attributes of maintenance work. To obtain a better model for each of the available equipment classes, data mining analysis was used to compare different algorithms. These trend analyses and models will help the equipment manager to take decisions related to equipment maintenance cost.
Download or read book Construction Equipment Ownership and Operating Expense Schedule Region VIII written by and published by . This book was released on 1997 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Selected Water Resources Abstracts written by and published by . This book was released on 1990 with total page 622 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book 1992 Census of Construction Industries General contractors written by and published by . This book was released on 1995 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1992 Census of Construction Industries covers all employer establishments (establishments with payroll) primarily engaged in contract construction or construction on their own account for sale as defined in the Standard Industrial Classification Manual: 1987 (SIC). General contractors in both the building and the heavy construction field usually assume responsibility for an entire construction project, but may subcontract to others all of the actual construction work or those portions of the project requiring special skills or equipment. Special trade contractors may work for general contractors, for other subcontractors, or may work directly for the owner of the property. Each establishment receiving a questionnaire was requested to report the percent of total dollar value of business done for each kind-of-business activity engaged in during 1992. This information was used for the computer assignment of appropriate industry classifications. During this work, various tests were also made using other data reported on the questionnaire. The proportion of construction work to total business was checked to verify that the establishment was primarily in construction. Also taken into consideration were the types of structures worked on during the year and the extent of work undertaken for other contractors. Construction establishments often engage in various construction activities. It is necessary, however, to assign a single industry code to the establishment based on its major activity. Therefore, the statistics shown for an industry reflect not only the primary activity of the establishments in the industry but also their secondary activities. The industry reports, however, do present data on the extent of secondary activities.
Download or read book Construction Equipment Ownership and Operating Expense Schedule Region V written by and published by . This book was released on 1997 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Construction Equipment Policy written by James Douglas and published by . This book was released on 1966 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:
