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Time Management in RMC Plant

Author(s):

Yogiraj Lohokare , TRINITY ACADEMY OF ENGINEERING; Prof. S. S. Deshmukh, TRINITY ACADEMY OF ENGINEERING; Prof. S. C. Tandale, TRINITY ACADEMY OF ENGINEERING

Keywords:

Ready mix concrete (RMC), Time Management by value engineering tools, Activity Base Management

Abstract

India, being a developing nation is experiencing major growth in its infrastructure. Concrete is the major component of this infrastructural boom. This has led to the requirement of good quality of concrete in very large quantities. This requirement can be fulfilled by the ready mix concrete batching and mixing plants. To fill the gap between the demand and supply of concrete a large number of RMC plants are coming into existence. The main objective of this study is to calculate the Time Management of an RMC plant, which will help an investor or any person or an organization to take investment decisions regarding an RMC plant. The study establishes the cash flow for the RMC plant helpful in investment and capital generation related decisions. The market has been surveyed and the realistic costs for operating and maintaining the RMC plant are collected as also the cost of commissioning and erecting the RMC plant are collected from the manufacturers. Transit mixers form an important component of the RMC plant and their cost of owning and operating form a major part of the Time Management of RMC. Based on the daily demand from some sites in the city of Mumbai, the number of transit mixers that would be required on the RMC plant to fulfill that demand has been simulated using Monte Carlo simulation. The Time Management of the RMC plant has then been calculated. Further with the help of this study the Time Management of any other capacity RMC plant can be calculated and based on requirements and capital availability, the economic option can be selected.

Other Details

Paper ID: IJSRDV5I70086
Published in: Volume : 5, Issue : 7
Publication Date: 01/10/2017
Page(s): 267-269

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