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
File Size
2805.76 KB
Degree Grantor
University of Nevada, Las Vegas
Language
English
Permissions
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Repository Citation
Mack, Martin J, "Non-linear optimized cash flow model" (2004). UNLV Retrospective Theses & Dissertations. 1689.
http://dx.doi.org/10.25669/8a9b-e9yv
Rights
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