2020
DOI: 10.3390/modelling1020010
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Stochastic Earthmoving Fleet Arrangement Optimization Considering Project Duration and Cost

Abstract: Earthmoving is one of the main processes involved in heavy construction and mining projects. It requires a significant share of the project budget and can dictate its overall success. Earthmoving related activities have a stochastic nature that affects the project cost and duration. In common practice, the equipment required for a project is selected using average operating cycles, neglecting the stochastic nature of operations and equipment. Ultimately this can lead to rough estimates and poor results in meet… Show more

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(1 citation statement)
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“…Resource utilization maximization was also introduced to improve the optimal equipment fleet selection process and validated via simulation techniques. Although the adopted concept was efficient, the model could not dependently target many economic and construction features (Mohsenijam et al , 2020). A comprehensive review of heavy construction equipment tracking and monitoring was conducted in an analogous attempt.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Resource utilization maximization was also introduced to improve the optimal equipment fleet selection process and validated via simulation techniques. Although the adopted concept was efficient, the model could not dependently target many economic and construction features (Mohsenijam et al , 2020). A comprehensive review of heavy construction equipment tracking and monitoring was conducted in an analogous attempt.…”
Section: Literature Reviewmentioning
confidence: 99%