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《Industrial Engineering Journal》 2013-01
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Decision-Making Model of Construction Material Procurement with Payment Delay

Liu Jun,Wang Xu-ming,Liu Ning,Sun Wen-hui(1.Shool of Materials Science and Engineering,Shenyang Jianzhu University,Shenyang 110168,China; 2.School of Management Science and Engineering,Shenyang Jianzhu University,Shenyang 110168,China)  
In the construction industry,to a contractor,the material suppliers provide payment delay service and discount for cash on delivery.To take this advantage,this paper explores the cost structure for construction material purchasing with different payment strategies.By modifying the existing purchase model used in the retail and manufacturing industries,the contractor's payment strategy is analyzed when cash discount is adopted.Further,an optimum construction material purchasing decision model is put forward when payment delay is selected.An example is used to verify the feasibility of the proposed model.
【Fund】: 辽宁省高等学校优秀人才支撑计划资助项目(LR2011013)
【CateGory Index】: F274;F426.92
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【Citations】
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