An Economical Operation Analysis Optimization Model for Heavy Equipment Selection
Optimizing equipment selection in heavy earthwork
operations is a critical key in the success of any construction project.
The objective of this research incentive was geared towards
developing a computer model to assist contractors and construction
managers in estimating the cost of heavy earthwork operations.
Economical operation analysis was conducted for an equipment fleet
taking into consideration the owning and operating costs involved in
earthwork operations. The model is being developed in a Microsoft
environment and is capable of being integrated with other estimating
and optimization models. In this study, Caterpillar® Performance
Handbook  was the main resource used to obtain specifications of
selected equipment. The implementation of the model shall give
optimum selection of equipment fleet not only based on cost
effectiveness but also in terms of versatility. To validate the model, a
case study of an actual dam construction project was selected to
quantify its degree of accuracy.
Operation analysis, optimization model, equipment economics, equipment selection.