Award Date

1-1-2004

Degree Type

Thesis

Degree Name

Master of Engineering (ME)

Department

Civil and Environmental Engineering

First Committee Member

Jaeho Son

Number of Pages

113

Abstract

During construction of a lump-sum project, progress payments (cash inflow) are paid periodically to contractors for project performance. Contractors are required to pay the direct costs (cash outflow) during construction. The net difference between the cash inflow and outflow are the required overdraft, which the contractor financed from a bank. In order to increase profit margin, contractors look into alternate ways, such as front-end loading (unbalanced bid) and activities shifting. Usually, front-end loading and activities shifting are done in a linear, independent, and sequential method. This linear front-end loading and activity shifting formulation will likely not produce an ideal optimized solution. This research examines the combination of the two linear procedures into a single non-linear formulation to achieve better gross profit margin for the contractor.

Keywords

Cash; Flow; Linear; Model; Optimized

Controlled Subject

Civil engineering

File Format

pdf

File Size

2805.76 KB

Degree Grantor

University of Nevada, Las Vegas

Language

English

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