scholarly journals USING EXPANDED REAL OPTIONS ANALYSIS TO EVALUATE CAPACITY EXPANSION DECISIONS UNDER UNCERTAINTY IN THE CONSTRUCTION MATERIAL INDUSTRY

2016 ◽  
Vol 27 (2) ◽  
Author(s):  
Amer Mohammad Momani ◽  
Tarek H. Al-Hawari ◽  
Rand W Mousa
2021 ◽  
Vol 13 (22) ◽  
pp. 12767
Author(s):  
Kuang-Sheng Liu ◽  
Ming-Hung Lin

Along with global geopolitical complex, information network security issues and increased natural disasters, risk management should be well considered in the construction material industry to re-integrate and establish stiff and flexible supply chains in order to cope with emergencies in the future market. Taking the construction material industry in Taiwan as the research object, representative enterprises with artificial intelligence applied sustainable supply chain management are studied. With the Delphi method and data envelopment analysis, the public data of annual statistics reports of the enterprises are used for selecting the performance indicators of inputs and outputs. Empirical data analysis is also performed to provide reference for the improvement. The research results are summarized as follows. 1. Substituting various input/output index values into CCR and BCC models, the overall production efficiency and pure technical efficiency of enterprises are calculated; by dividing the two, the returns to scale of enterprises are acquired. 2. Critical factors in artificial intelligence applied sustainable supply chain management could be found out through sensitivity analysis. Using the rate of sensitivity change as the evaluation baseline, sensitive factors contain financial aspect, scale aspect, financial performance, and profit before tax. Finally, discussions are proposed according to the results, expecting to help domestic businesses in the construction material industry establish steady and flexible supply chains and present diversified procurement sources to reinforce the emergency defensive ability of the construction material industry.


2011 ◽  
Vol 11 (4) ◽  
pp. 399-415 ◽  
Author(s):  
Søren Wandahl ◽  
Alexia Jacobsen ◽  
Astrid Heidemann Lassen ◽  
Søren Bolvig Poulsen ◽  
Henrik Sørensen

PurposeUser‐driven innovation (UDI) has been proven to successfully increase the value of products and services in single companies with direct linkages to the end‐user. The construction material industry often has no direct linkages to the end‐user, due to supply networks through builder merchants. Moreover, a lack of user knowledge is common in such networks, and companies rarely have explicit knowledge on how their products and services are in fact used and valued by their end‐users. Thus, it is clear that UDI is not directly applicable to the construction material industry without further developments. Hence, the purpose of this paper is to demonstrate that a network perspective is essential when adapting and implementing UDI in the construction material industry and to let the advantages of doing so surface.Design/methodology/approachThe research design includes a number of different approaches and types of interaction between the researchers and industry. Additionally, an extensive literature review on UDI is carried out to identify variables necessary for successful adaptation to a network perspective.FindingsThe conclusion of this research validates that a network approach to adapting UDI in the construction material industry is a precondition for a successful innovation journey. In addition, it was concluded that by adapting the network perspective new value‐adding potentials became visible, which could have a huge impact on innovation, effectiveness, efficiency, etc. in the construction material industry.Originality/valueThe paper adds to the body of knowledge on how to implement UDI in a supply network by developing a framework for such an innovation process. The framework has its outset in any given generic new product development model with a logical sequence of steps. However, the framework is further developed into defining the networks activities, the internal activities, and the user‐oriented activities needed.


2013 ◽  
Vol 1 (3) ◽  
pp. 60-74
Author(s):  
Dinh Tran Ngoc Huy

This research paper aims to analyze the impacts of external financing on market risk for the listed firms in the Viet nam construction material industry, esp. after the financial crisis 2007-2009. First, by using quantitative and analytical methods to estimate asset and equity beta of total 57 listed companies in Viet Nam construction material industry with a proper traditional model, we found out that the beta values, in general, for many institutions are acceptable. Second, under 3 different scenarios of changing leverage (in 2011 financial reports, 30% up and 20% down), we recognized that the risk level, measured by equity and asset beta mean, decreases when leverage increases to 30% and vice versa. Third, by changing leverage in 3 scenarios, we recognized the dispersion of risk level increases (measured by equity beta var) if the leverage increases to 30%. Finally, this paper provides some outcomes that could provide companies and government more evidence in establishing their policies in governance.


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