Abstracts – Browse Results
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Abdelhady, I A I (2013) A new business process model for enhancing BIM implementation in architectural design, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Ackerman, P J, Jr. (2014) Condition assessment, indices, and risk-based decision-making for public school infrastructure management, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Albassami, A A (2014) A framework for international commercialization of innovative products in residential construction: A case of structural insulated panels (SIPs) in the United States and Saudi Arabia, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Carr, P G (2000) An investigation of the relationship between personality traits and performance for engineering and architectural professionals providing design services to the building sector of the construction industry, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Charoenvisal, K (2013) A BIM interoperable web-based dss for vegetated roofing system selection, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Chen, C (2007) Soft computing-based life-cycle cost analysis tools for transportation infrastructure management, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Chen, Q (2007) An object model framework for interface management in building information models, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Comu, S (2013) Examining the impact of facilitation on the performance of global project networks collaborating in virtual workspaces, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Giustozzi, F (2012) Life cycle assessment of sustainable road pavements: Carbon footprinting and multi-attribute analysis, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Gross, M E (2010) Aligning public-private partnership contracts with public objectives for transportation infrastructure, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Hildreth, J C (2003) The use of short-interval GPS data in construction operations analysis, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Johnston, B A (2012) Characterizing virtual prototype constructability programming for the pictographic instruction of procedure, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Jung, Y (2009) An approach to organizational intelligence management (a framework for analyzing organizational intelligence within the construction process), Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Kim, J S (1995) Reliability-based design of a retaining wall, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Kim, K (2003) A resource-constrained CPM (RCPM) scheduling and control technique with multiple calendars, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Kim, S (1990) Development of risk assessment decision support system for hazardous materials movement, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Kim, W (1996) A systems approach to transportation infrastructure management: Development of a highway management system for the Virginia DOT, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Lucko, G (2003) A statistical analysis and model of the residual value of different types of heavy construction equipment, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
- Type: Thesis
- Keywords: market; construction equipment; equipment; government; investment; Canada; regression model; statistical analysis
- ISBN/ISSN:
- URL: https://www.proquest.com/docview/305299029
- Abstract:
Residual value is defined as the price for which a used piece of equipment can be sold in the market at a particular time. It is an important element of the owning costs of equipment and needs to be estimated by equipment managers for making investment decisions. The purpose of this study is to gain insights into the residual value of selected groups of heavy construction equipment and to develop a mathematical model for its prediction. Auction sales data were collected from two online databases. Manufacturer publications and an online source provided size parameters and manufacturers suggested retail prices matching the auction records. Macroeconomic indicator values were collected from a variety of sources, including government agencies. The data were brought into the same electronic format and were matched by model name and calendar date, respectively. Data from auctions in the U.S. and in Canada were considered for this study. Equipment from four principal manufacturers of up to 15 years of age at the time of sale was included. A total of 35,542 entries were grouped into 11 different equipment types and 28 categories by size as measured by horse power, standard operating weight, or bucket volume. Equipment types considered were track and wheel excavators, wheel and track loaders, backhoe loaders, integrated toolcarriers, rigid frame and articulated trucks, track dozers, motor graders, and wheel tractor scrapers. Multiple linear regression analyses of the 28 datasets were carried out after outliers had been deleted. Explanatory variables for the regression model were age in years, the indicator variables manufacturer, condition rating, and geographic region, and selected macroeconomic indicators. The response variable was residual value percent, defined as auction price divided by manufacturers suggested retail price. Different first, second, and third-order polynomial models and exponential and logarithmic models of age were examined. A second-order polynomial was selected from these functional forms based on the adjusted coefficient of determination. Coefficients for the 28 models and related statistics were tabulated. A spreadsheet tool incorporating the final regression model and its coefficients was developed. It allows performing the residual value prediction in an interactive and intuitive manner. * *This dissertation is a compound document (contains both a paper copy and a CD as part of the dissertation). The CD requires the following system requirements: Microsoft Office.
Lytle, A M (2011) A framework for object recognition in construction using building information modeling and high frame rate three-dimensional imaging, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
McCoy, A P (2008) Commercialization for innovative products in the residential construction industry, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Mitchell, Z W, Jr. (1998) A statistical analysis of construction equipment repair costs using field data and the cumulative cost model, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Novak, V M (2012) Managing sustainability value in design: A systems approach, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Park, B (2002) Development of a virtual reality excavator simulator: A mathematical model of excavator digging and a calculation methodology, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Pinero, J C (2003) A framework for monitoring performance-based road maintenance, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Pishdad-Bozorgi, P (2012) Case-based study and analysis of integrated project delivery (IPD) approach and trust-building attributes, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Platt, R T (1998) Development of a ready-to-assemble construction system, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Prateapusanond, A (2004) A comprehensive practice of total float pre-allocation and management for the application of a CPM-based construction contract, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Quagraine, V K (2007) New strategies to improve the management capacity of contractors for labor-based methods in road rehabilitation in Ghana, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Sands, K S, II (2014) Ethics education and its relationship to undergraduate construction students' professional ethical sensitivity, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Shiratuddin, M F (2009) Framework for context-aware information processing for design review in a virtual environment, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Shoghli, O (2014) A decision support system for multi-objective multi-asset roadway asset management (DSRAM), Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Taiebat, M (2011) Tuning up BIM for safety analysis proposing modeling logics for application of BIM in DfS, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Thabet, W Y (1992) A space-constrained resource-constrained scheduling system for multi-story buildings, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Thompson, R M (2006) An investigation of change to key provisions in the AIA A201 and its impact on perceptions of the value-added benefit of the design professional during construction, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Tiwari, R (2015) A decision-support framework for design of non-residential net-zero energy buildings, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Tucker, R R (2014) Influence of individual perceptions on engineering team performance within design-build infrastructure projects, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.
Williams, R C (2008) The development of mathematical models for preliminary prediction of highway construction duration, Unpublished PhD Thesis, , Virginia Polytechnic Institute and State University.