Optimizing profit and logistics for precast concrete production

Abstract

This study serves as a practical model for optimizing production planning, allocation of precast component storage, and transportation sites as well as for making timely adjustments for contracted projects. To ensure that the structure of the research model is reasonable and matches actual applications, the study uses a field survey to directly observe the largest precast concrete plants in Taiwan for a period of 6 months, followed by in-depth interviews with experts involved with the planning, design, installation, and manufacturing for precast projects. The mathematical model is then established and evaluated using the data containing over 90% of national production in Taiwan. The results show that the tested corporate profits increase by an impressive 38.4% and performance is significantly increased by 97.75%. The proposed model can not only make up for oversights in human decision-making but improve the decision-making process boosting corporate competitiveness.