Cost Optimization of Earthwork Equipment Fleet by Productivity Analysis - Case Study of NH 50 Phase IV
Journal: International Journal of Science and Research (IJSR) (Vol.5, No. 5)Publication Date: 2016-05-05
Authors : Bhagyesh J. Chaudhari; S. C. Tandale; S. S. Deshmukh;
Page : 2266-2270
Keywords : Fleet; Construction equipments; production potential; Idle period; cost optimization;
Abstract
Construction sector particularly infrastructure projects like roads and dams etc. employees various type of construction equipment in large numbers. In India Excavators, dumpers, dozers, Motor graders, soil compactors etc are most commonly used earth work equipments on road project. These equipments work in synchronization with each other. Construction equipment are the major resource in infrastructure projects. Construction equipments occupy major portion of project finance. But improper utilization of such resource leads to loss of productivity, ultimately affecting profit. This paper tries to shows how productivity and profit optimization of these equipments can be achieved. To perform these optimization production capacity and cost of equipments, idle period is taken into consideration. To validate the results, case study of NH50 is taken and it is found that there is increase in profit.
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