• DocumentCode
    515295
  • Title

    Research on decision method of optimal number of main materials suppliers in large hydropower project considering supply risk

  • Author

    Wei, Jiang ; Wenjie, Huang

  • Author_Institution
    Sch. of Bus. Adm., North China Electr. Power Univ., Beijing, China
  • Volume
    1
  • fYear
    2010
  • fDate
    9-10 Jan. 2010
  • Firstpage
    169
  • Lastpage
    172
  • Abstract
    In the construction of large hydropower project, how to reduce supply risk and the integrated management cost of main materials supply is an important problem which the owner always faces with. Considering the supplier´s supply capacity, supply risk and the management cost, an optimization mathematical model to minimize the sum of the risk loss of supply and management cost of the owner is established in this paper. Numerical example analysis shows that the model can determine the optimal number of suppliers according to the available data and achieves the integrated optimal of main materials management of the owner.
  • Keywords
    construction; costing; decision making; hydroelectric power; numerical analysis; optimisation; research and development; risk management; supply and demand; decision method; hydropower project construction; management cost; materials suppliers; numerical example analysis; optimal number; optimization mathematical model; research; supply risk; Building materials; Cost function; Energy management; Hydroelectric power generation; Investments; Mathematical model; Project management; Quality management; Risk management; Steel; Hydropower Project; Number of Suppliers; Risk Loss; Supply Risk;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Logistics Systems and Intelligent Management, 2010 International Conference on
  • Conference_Location
    Harbin
  • Print_ISBN
    978-1-4244-7331-1
  • Type

    conf

  • DOI
    10.1109/ICLSIM.2010.5461445
  • Filename
    5461445