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description Publicationkeyboard_double_arrow_right Article , Journal 2020 United KingdomPublisher:MDPI AG Abdul Salam Khan; Catalin Iulian Pruncu; Razaullah Khan; Khawar Naeem; Abdul Ghaffar; Pakeeza Ashraf; Shah Room;doi: 10.3390/su12177056
handle: 10044/1/81964
Closed-loop supply chain networks are gaining research popularity due to environmental, economic and social concerns. Such networks are primarily designed to overcome carbon footprints and to retrieve end of life products from customers. This study considers a multi echelon closed-loop supply chain in the presence of machine disruption. A multi-objective model is presented to optimize the total cost, the total time and emissions in a closed-loop supply chain network. The aim is to analyze the trade-off between the objectives of cost, time, and emissions and how these decisions are impacted by the selection of different available machines. A number of solution approaches are tested on a case study from the tire industry. The results suggest the improved performance of the hybrid heuristic and the importance of controlling disruption in a closed-loop supply chain network. Furthermore, there is a trade-off between the different objective functions which can help the decision maker to choose a particular solution according to the preference of an organization. Finally, conclusion and future research avenues are provided.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su12177056&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess RoutesGreen gold 9 citations 9 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
visibility 1visibility views 1 download downloads 9 Powered bymore_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su12177056&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article 2022Publisher:MDPI AG Zhen Liu; Tzuhui Wu; Fenghong Wang; Mohamed Osmani; Peter Demian;doi: 10.3390/su141912145
Despite the large quantities of secondary materials flowing within the built environment, their actual volume and respective waste management processes are not accurately known and recorded. Consequently, various sustainability and material efficiency policies are not supported by accurate data and information-reporting associated with secondary materials’ availability and sourcing. Many recent studies have shown that the integration of digital technologies such as city information management (CIM), building information modeling (BIM), and blockchain have the potential to enhance construction waste management (CWM) by classifying recycled materials and creating value from waste. However, there is insufficient guidance to address the challenges during the process of CWM. Therefore, the research reported in this paper aims to develop a blockchain-enhanced construction waste information management conceptual framework (BeCW). This paper is the first attempt to apply the strengths of integrated information-management modeling with blockchain to optimize the process of CWM, which includes a WasteChain for providing a unified and trustworthy credit system for evaluating construction-waste-recyclability to stakeholders. This is enabled through the use of blockchain and self-executing smart contracts to clarify the responsibility and ownership of the relevant stakeholders. As a result, this study provides a unified and explicit framework for referencing which quantifies the value-contribution of stakeholders to waste-recovery and the optimization of secondary construction materials for reuse and recycling. It also addresses the issue of sustainable CWM through information exchange at four levels: user, application, service, and infrastructure data levels.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su141912145&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess Routesgold 15 citations 15 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su141912145&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article 2024Publisher:MDPI AG Funded by:UKRI | A Real-time Digital Platf...UKRI| A Real-time Digital Platform for Industry 4.0 Manufacturer InsuranceBeata Joanna Gawryszewska; Maciej Łepkowski; Łukasz Pietrych; Anna Wilczyńska; Piotr Archiciński;doi: 10.3390/su16041619
Informal Green Spaces (IGS) in towns and cities are areas of varied appearance, representing a wide range of aesthetic values. In this study, we have focused on how users perceive such space and which elements match some particular values. Based on the analysis of photographic images taken by chosen IGS visitors, the technique called Visitor-Employed Photography (VEP), we elicited three primary groups of IGS images, namely landscape, scenery, and special elements. It is possible to define several visual structures in each category, with highly preferable spatial fragments and particular attributes. They are aesthetic prototypes, centers of aesthetic preferences among users of informal green areas. Recognizing proximity to the preference core allows us to define the preferred IGS landscape aesthetics. Based on the data collected, we have concluded that IGS users prefer vast grass areas, dense groups of trees and shrubs, water, and the absence of anthropogenic elements.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su16041619&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess Routesgold 2 citations 2 popularity Average influence Average impulse Average Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su16041619&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2021 United KingdomPublisher:MDPI AG Authors: Rokhshid Ghaziani; Mark Lemon; Paramita Atmodiwirjo;doi: 10.3390/su132112207
Existing frameworks for biophilic design have similar strategies and attributes as useful checklists for designers; however, the focus has been on adults rather than children, and there remains the need for more guidance related to school design by extension. The application of biophilia would be a design resolution in schools because of its impact on children’s health and well-being, which has been more important since the pandemic started; however, it remains quite unexplored in school design in many countries, including the UK. Biophilic design patterns can be used in school buildings and grounds for greater connectivity between spaces and nature in order to promote children’s well-being. This paper focuses on ten biophilic design patterns under two categories of ‘nature in the space’ and ‘natural analogues.’ This study presents the findings of case studies in various countries. The analysis focuses on the manifestations of biophilia to inform the application of biophilic design patterns for primary schools. Finally, this paper suggests how primary school children could be involved in a co-design process in order to evaluate biophilic design patterns.
Sustainability arrow_drop_down De Montfort University Open Research ArchiveArticle . 2021Data sources: De Montfort University Open Research ArchiveDe Montfort University Open Research ArchiveArticle . 2021Data sources: De Montfort University Open Research Archiveadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su132112207&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess RoutesGreen gold 23 citations 23 popularity Top 10% influence Top 10% impulse Top 10% Powered by BIP!
download 67download downloads 67 Powered bymore_vert Sustainability arrow_drop_down De Montfort University Open Research ArchiveArticle . 2021Data sources: De Montfort University Open Research ArchiveDe Montfort University Open Research ArchiveArticle . 2021Data sources: De Montfort University Open Research Archiveadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su132112207&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2020Publisher:MDPI AG Authors: Nastaran Peimani; Hesam Kamalipour;doi: 10.3390/su12083495
There has been an emerging interest in the study of urban design dimensions associated with Transit-Oriented Developments (TODs). However, addressing the question of how TOD principles laid out in the international literature can be explored in the context of the global South remains in an incipient stage. In this paper, we investigate the nexus between station walkable catchments and forms of urbanity around transit nodes by adopting an assemblage approach to cut across any separation of sociality and spatiality. Drawing on empirical research from two case studies in Tehran, this paper contributes to studies on transit urban design by developing two measures of accessibility—the Catchment of Accessible Public Spaces (CAPS) and Accessible Interfaces (AI). We found that the combination of high CAPS and high AI within a given time can enable streetlife intensity, which is also linked to a synergistic effect of a larger assemblage, including the number of entries and diversity of functions. We argue that a focus on both measures is critical to understand the performance and potential transformation of street networks in a TOD.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su12083495&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess RoutesGreen gold 11 citations 11 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
download 25download downloads 25 Powered bymore_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su12083495&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2020Publisher:MDPI AG Authors: Yanhong Feng; Dilong Xu; Pierre Failler; Tinghui Li;doi: 10.3390/su12166523
Due to multiple properties, the international crude oil price is influenced by various and complex interrelated factors from different determinants in different periods. However, the previous studies on crude oil price fluctuation with economic policy uncertainty (EPU) haven’t taken a wider range of volatility sources into their analysis frameworks. In this paper, the time-varying parameter factor-augmented vector autoregressive (TVP-FAVAR) model is introduced in order to avoid important information loss, as well as capture the time-varying impact on crude oil price fluctuation by EPU. Furthermore, the differences on crude oil fluctuations from net-oil exporting and net-oil importing country’s EPU are also elaborated. Here are three findings as follows. First, the impacts of global EPU on the crude oil price volatility show time-varying characteristics both in time duration and time-points. Second, the instantaneous impacts of global EPU on the price volatility of crude oil are directly relevant to major events, and the impacts are different in event types as well. Third, the time-varying characteristics depicting the impacts of EPU in countries who are net-oil exporter and net-oil importer on price volatility of crude oil show heterogeneity in fluctuation range, fluctuation intensity, and stage.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su12166523&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess RoutesGreen gold 22 citations 22 popularity Top 10% influence Top 10% impulse Top 10% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su12166523&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2018 China (People's Republic of)Publisher:MDPI AG Funded by:UKRI | RootDetect: Remote Detect...UKRI| RootDetect: Remote Detection and Precision Management of Root HealthShu-Di Fan; Yue-Ming Hu; Lu Wang; Zhen-Hua Liu; Zhou Shi; Wen-Bin Wu; Yu-Chun Pan; Guang-Xing Wang; A-Xing Zhu; Bo Li;doi: 10.3390/su10103459
To increase the spatial resolution of Soil Moisture Active Passive (SMAP), this study modifies the downscaling factor model based on the Temperature Vegetation Drought Index (TVDI) using data from the Project for On-Board Autonomy (PROBA-V). In the modified model, TVDI parameters were derived from the temperature-vegetation space and the Enhanced Vegetation Index (EVI). This study was conducted in the north China region using SMAP, PROBA-V, and Moderate Resolution Imaging Spectroradiometer satellite images. The 9-km spatial resolution SMAP data was downscaled to 0.3-km spatial resolution soil moisture using a modified downscaling method. Downscaling accuracies from the original and modified downscaling factor models were compared based on field observations. The results show that both methods generated similar spatial distributions in which soil moisture estimates increased as vegetation coverage increased from built-up areas to forest. However, based on the root mean square error between observations and estimations, the modified model demonstrated an increased estimation accuracy of 4.2% for soil moisture compared to the original method. This study also implies that downscaled soil moisture shows promise as a data source for subsequent watershed scale studies.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su10103459&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess Routesgold 1 citations 1 popularity Average influence Average impulse Average Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su10103459&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article 2022 MalaysiaPublisher:MDPI AG Authors: Lihua Liu; Lai Soon Lee; Hsin-Vonn Seow; Chuei Yee Chen;doi: 10.3390/su142315853
A traditional logistics decision model mainly studies the location decision of logistics distribution centers, storage inventory management, vehicle scheduling, and transportation routes. The logistics location-inventory-routing problem (LIRP) is an integrated optimization of the three problems—a comprehensive optimization problem for the whole logistics system. This review paper uses the PRISMA (Preferred Reporting Items for Systematic Reviews and Meta-Analysis) method to review the literature on LIRP systematically. A total of 112 LIRP-related studies published between 2010 and 2021 are reviewed and classified based on 10 abstract and citation databases. The classification includes four aspects: problem characteristics, demand data types, model-based solutions, and application fields. From this systematic review, a few observations are recorded. First, the most popular problems among researchers are the multi-period multi-product problem, the multi-echelon single-link problem, and the multi-depot multi-retailer problem. Based on the objective function, the minimization of total supply chain cost is the primary concern of the LIRP literature. Researchers also favor other problem characteristics such as multi-objective programming, inventory control replenishment policy, and a homogeneous fleet of vehicles. We found that stochastic data are a common factor in an uncertain environment and have broad coverage. When dealing with the LIRP, heuristic and metaheuristic algorithms are the most widely used solution methodologies in the literature. In the application field of LIRP, the perishable products logistics network is mentioned in most applications. Finally, we discuss and emphasize the challenges of and recommendations for future work. This paper provides a systematic review of the literature on LIRP based on the PRISMA method, which contributes vital support and valuable information for researchers interested in LIRP.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su142315853&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess Routesgold 8 citations 8 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su142315853&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article 2022Publisher:MDPI AG Authors: Ahmed Farouk Kineber; Saeed Reza Mohandes; Mohammed Magdy Hamed; Atul Kumar Singh; +1 AuthorsAhmed Farouk Kineber; Saeed Reza Mohandes; Mohammed Magdy Hamed; Atul Kumar Singh; Soha Elayoty;doi: 10.3390/su142113863
Recent years have seen a rise in the frequency and severity of extreme rainstorm events, which have caused widespread damage and death in numerous cities. The manufacture and use of storm drainage materials result in numerous environmental concerns in the construction industry. Green materials for storm drainage networks are environmentally friendly compared to their traditional counterparts. Identifying and assessing sustainability criteria for green materials for storm drain networks has been challenging. This study aims to determine the critical criteria for selecting green materials for storm drainage networks using a stationary analysis approach. To this end, a questionnaire survey was administered to Egyptian storm engineers to assess their importance based on a selection criteria 29 green materials. From the results obtained, “Operation and maintenance cost” and “Use of local material” were seen to be the “stationary materials”. The obtained findings in this research pave the way for the Egyptian storm industry towards becoming environmentally friendly, which will in turn improve the functioning mechanism of sewer networks.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su142113863&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess Routesgold 11 citations 11 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su142113863&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2015Publisher:MDPI AG Authors: Lee, Sanghyo; Kim, Kyunghwan;doi: 10.3390/su70810649
Effective change order management is very important in maintaining the financial sustainability of various stakeholders related to construction projects by minimizing cost overruns. In this study, we propose a zero-cost risk management approach based on the collar option model in order to control for the loss caused by change orders, the main cause of cost overruns in construction projects. We apply this model to actual projects for empirical analysis. The analysis, based on 237 projects, indicates that insurance buyers benefit from the collar option model in 46% of the cases, while insurance sellers do so in 53% of the cases. In most cases, the insurance buyer is the owner. According to the model, the owner experiences a loss when the cost overrun caused by change orders is lower than what was expected. In such cases, it is appropriate to conclude that the loss is not caused by the collar option model, but by the absence of additional revenue. However, the insurance seller suffers a loss if the cost overrun is higher than the strike price of the call option. Thus, the insurance seller needs to have expertise in construction management.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su70810649&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess RoutesGreen gold 6 citations 6 popularity Average influence Average impulse Average Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su70810649&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu
description Publicationkeyboard_double_arrow_right Article , Journal 2020 United KingdomPublisher:MDPI AG Abdul Salam Khan; Catalin Iulian Pruncu; Razaullah Khan; Khawar Naeem; Abdul Ghaffar; Pakeeza Ashraf; Shah Room;doi: 10.3390/su12177056
handle: 10044/1/81964
Closed-loop supply chain networks are gaining research popularity due to environmental, economic and social concerns. Such networks are primarily designed to overcome carbon footprints and to retrieve end of life products from customers. This study considers a multi echelon closed-loop supply chain in the presence of machine disruption. A multi-objective model is presented to optimize the total cost, the total time and emissions in a closed-loop supply chain network. The aim is to analyze the trade-off between the objectives of cost, time, and emissions and how these decisions are impacted by the selection of different available machines. A number of solution approaches are tested on a case study from the tire industry. The results suggest the improved performance of the hybrid heuristic and the importance of controlling disruption in a closed-loop supply chain network. Furthermore, there is a trade-off between the different objective functions which can help the decision maker to choose a particular solution according to the preference of an organization. Finally, conclusion and future research avenues are provided.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su12177056&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess RoutesGreen gold 9 citations 9 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
visibility 1visibility views 1 download downloads 9 Powered bymore_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su12177056&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article 2022Publisher:MDPI AG Zhen Liu; Tzuhui Wu; Fenghong Wang; Mohamed Osmani; Peter Demian;doi: 10.3390/su141912145
Despite the large quantities of secondary materials flowing within the built environment, their actual volume and respective waste management processes are not accurately known and recorded. Consequently, various sustainability and material efficiency policies are not supported by accurate data and information-reporting associated with secondary materials’ availability and sourcing. Many recent studies have shown that the integration of digital technologies such as city information management (CIM), building information modeling (BIM), and blockchain have the potential to enhance construction waste management (CWM) by classifying recycled materials and creating value from waste. However, there is insufficient guidance to address the challenges during the process of CWM. Therefore, the research reported in this paper aims to develop a blockchain-enhanced construction waste information management conceptual framework (BeCW). This paper is the first attempt to apply the strengths of integrated information-management modeling with blockchain to optimize the process of CWM, which includes a WasteChain for providing a unified and trustworthy credit system for evaluating construction-waste-recyclability to stakeholders. This is enabled through the use of blockchain and self-executing smart contracts to clarify the responsibility and ownership of the relevant stakeholders. As a result, this study provides a unified and explicit framework for referencing which quantifies the value-contribution of stakeholders to waste-recovery and the optimization of secondary construction materials for reuse and recycling. It also addresses the issue of sustainable CWM through information exchange at four levels: user, application, service, and infrastructure data levels.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su141912145&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess Routesgold 15 citations 15 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su141912145&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article 2024Publisher:MDPI AG Funded by:UKRI | A Real-time Digital Platf...UKRI| A Real-time Digital Platform for Industry 4.0 Manufacturer InsuranceBeata Joanna Gawryszewska; Maciej Łepkowski; Łukasz Pietrych; Anna Wilczyńska; Piotr Archiciński;doi: 10.3390/su16041619
Informal Green Spaces (IGS) in towns and cities are areas of varied appearance, representing a wide range of aesthetic values. In this study, we have focused on how users perceive such space and which elements match some particular values. Based on the analysis of photographic images taken by chosen IGS visitors, the technique called Visitor-Employed Photography (VEP), we elicited three primary groups of IGS images, namely landscape, scenery, and special elements. It is possible to define several visual structures in each category, with highly preferable spatial fragments and particular attributes. They are aesthetic prototypes, centers of aesthetic preferences among users of informal green areas. Recognizing proximity to the preference core allows us to define the preferred IGS landscape aesthetics. Based on the data collected, we have concluded that IGS users prefer vast grass areas, dense groups of trees and shrubs, water, and the absence of anthropogenic elements.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su16041619&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess Routesgold 2 citations 2 popularity Average influence Average impulse Average Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su16041619&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2021 United KingdomPublisher:MDPI AG Authors: Rokhshid Ghaziani; Mark Lemon; Paramita Atmodiwirjo;doi: 10.3390/su132112207
Existing frameworks for biophilic design have similar strategies and attributes as useful checklists for designers; however, the focus has been on adults rather than children, and there remains the need for more guidance related to school design by extension. The application of biophilia would be a design resolution in schools because of its impact on children’s health and well-being, which has been more important since the pandemic started; however, it remains quite unexplored in school design in many countries, including the UK. Biophilic design patterns can be used in school buildings and grounds for greater connectivity between spaces and nature in order to promote children’s well-being. This paper focuses on ten biophilic design patterns under two categories of ‘nature in the space’ and ‘natural analogues.’ This study presents the findings of case studies in various countries. The analysis focuses on the manifestations of biophilia to inform the application of biophilic design patterns for primary schools. Finally, this paper suggests how primary school children could be involved in a co-design process in order to evaluate biophilic design patterns.
Sustainability arrow_drop_down De Montfort University Open Research ArchiveArticle . 2021Data sources: De Montfort University Open Research ArchiveDe Montfort University Open Research ArchiveArticle . 2021Data sources: De Montfort University Open Research Archiveadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su132112207&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess RoutesGreen gold 23 citations 23 popularity Top 10% influence Top 10% impulse Top 10% Powered by BIP!
download 67download downloads 67 Powered bymore_vert Sustainability arrow_drop_down De Montfort University Open Research ArchiveArticle . 2021Data sources: De Montfort University Open Research ArchiveDe Montfort University Open Research ArchiveArticle . 2021Data sources: De Montfort University Open Research Archiveadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su132112207&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2020Publisher:MDPI AG Authors: Nastaran Peimani; Hesam Kamalipour;doi: 10.3390/su12083495
There has been an emerging interest in the study of urban design dimensions associated with Transit-Oriented Developments (TODs). However, addressing the question of how TOD principles laid out in the international literature can be explored in the context of the global South remains in an incipient stage. In this paper, we investigate the nexus between station walkable catchments and forms of urbanity around transit nodes by adopting an assemblage approach to cut across any separation of sociality and spatiality. Drawing on empirical research from two case studies in Tehran, this paper contributes to studies on transit urban design by developing two measures of accessibility—the Catchment of Accessible Public Spaces (CAPS) and Accessible Interfaces (AI). We found that the combination of high CAPS and high AI within a given time can enable streetlife intensity, which is also linked to a synergistic effect of a larger assemblage, including the number of entries and diversity of functions. We argue that a focus on both measures is critical to understand the performance and potential transformation of street networks in a TOD.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su12083495&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess RoutesGreen gold 11 citations 11 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
download 25download downloads 25 Powered bymore_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su12083495&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2020Publisher:MDPI AG Authors: Yanhong Feng; Dilong Xu; Pierre Failler; Tinghui Li;doi: 10.3390/su12166523
Due to multiple properties, the international crude oil price is influenced by various and complex interrelated factors from different determinants in different periods. However, the previous studies on crude oil price fluctuation with economic policy uncertainty (EPU) haven’t taken a wider range of volatility sources into their analysis frameworks. In this paper, the time-varying parameter factor-augmented vector autoregressive (TVP-FAVAR) model is introduced in order to avoid important information loss, as well as capture the time-varying impact on crude oil price fluctuation by EPU. Furthermore, the differences on crude oil fluctuations from net-oil exporting and net-oil importing country’s EPU are also elaborated. Here are three findings as follows. First, the impacts of global EPU on the crude oil price volatility show time-varying characteristics both in time duration and time-points. Second, the instantaneous impacts of global EPU on the price volatility of crude oil are directly relevant to major events, and the impacts are different in event types as well. Third, the time-varying characteristics depicting the impacts of EPU in countries who are net-oil exporter and net-oil importer on price volatility of crude oil show heterogeneity in fluctuation range, fluctuation intensity, and stage.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su12166523&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess RoutesGreen gold 22 citations 22 popularity Top 10% influence Top 10% impulse Top 10% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su12166523&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2018 China (People's Republic of)Publisher:MDPI AG Funded by:UKRI | RootDetect: Remote Detect...UKRI| RootDetect: Remote Detection and Precision Management of Root HealthShu-Di Fan; Yue-Ming Hu; Lu Wang; Zhen-Hua Liu; Zhou Shi; Wen-Bin Wu; Yu-Chun Pan; Guang-Xing Wang; A-Xing Zhu; Bo Li;doi: 10.3390/su10103459
To increase the spatial resolution of Soil Moisture Active Passive (SMAP), this study modifies the downscaling factor model based on the Temperature Vegetation Drought Index (TVDI) using data from the Project for On-Board Autonomy (PROBA-V). In the modified model, TVDI parameters were derived from the temperature-vegetation space and the Enhanced Vegetation Index (EVI). This study was conducted in the north China region using SMAP, PROBA-V, and Moderate Resolution Imaging Spectroradiometer satellite images. The 9-km spatial resolution SMAP data was downscaled to 0.3-km spatial resolution soil moisture using a modified downscaling method. Downscaling accuracies from the original and modified downscaling factor models were compared based on field observations. The results show that both methods generated similar spatial distributions in which soil moisture estimates increased as vegetation coverage increased from built-up areas to forest. However, based on the root mean square error between observations and estimations, the modified model demonstrated an increased estimation accuracy of 4.2% for soil moisture compared to the original method. This study also implies that downscaled soil moisture shows promise as a data source for subsequent watershed scale studies.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su10103459&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess Routesgold 1 citations 1 popularity Average influence Average impulse Average Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su10103459&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article 2022 MalaysiaPublisher:MDPI AG Authors: Lihua Liu; Lai Soon Lee; Hsin-Vonn Seow; Chuei Yee Chen;doi: 10.3390/su142315853
A traditional logistics decision model mainly studies the location decision of logistics distribution centers, storage inventory management, vehicle scheduling, and transportation routes. The logistics location-inventory-routing problem (LIRP) is an integrated optimization of the three problems—a comprehensive optimization problem for the whole logistics system. This review paper uses the PRISMA (Preferred Reporting Items for Systematic Reviews and Meta-Analysis) method to review the literature on LIRP systematically. A total of 112 LIRP-related studies published between 2010 and 2021 are reviewed and classified based on 10 abstract and citation databases. The classification includes four aspects: problem characteristics, demand data types, model-based solutions, and application fields. From this systematic review, a few observations are recorded. First, the most popular problems among researchers are the multi-period multi-product problem, the multi-echelon single-link problem, and the multi-depot multi-retailer problem. Based on the objective function, the minimization of total supply chain cost is the primary concern of the LIRP literature. Researchers also favor other problem characteristics such as multi-objective programming, inventory control replenishment policy, and a homogeneous fleet of vehicles. We found that stochastic data are a common factor in an uncertain environment and have broad coverage. When dealing with the LIRP, heuristic and metaheuristic algorithms are the most widely used solution methodologies in the literature. In the application field of LIRP, the perishable products logistics network is mentioned in most applications. Finally, we discuss and emphasize the challenges of and recommendations for future work. This paper provides a systematic review of the literature on LIRP based on the PRISMA method, which contributes vital support and valuable information for researchers interested in LIRP.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su142315853&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess Routesgold 8 citations 8 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su142315853&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article 2022Publisher:MDPI AG Authors: Ahmed Farouk Kineber; Saeed Reza Mohandes; Mohammed Magdy Hamed; Atul Kumar Singh; +1 AuthorsAhmed Farouk Kineber; Saeed Reza Mohandes; Mohammed Magdy Hamed; Atul Kumar Singh; Soha Elayoty;doi: 10.3390/su142113863
Recent years have seen a rise in the frequency and severity of extreme rainstorm events, which have caused widespread damage and death in numerous cities. The manufacture and use of storm drainage materials result in numerous environmental concerns in the construction industry. Green materials for storm drainage networks are environmentally friendly compared to their traditional counterparts. Identifying and assessing sustainability criteria for green materials for storm drain networks has been challenging. This study aims to determine the critical criteria for selecting green materials for storm drainage networks using a stationary analysis approach. To this end, a questionnaire survey was administered to Egyptian storm engineers to assess their importance based on a selection criteria 29 green materials. From the results obtained, “Operation and maintenance cost” and “Use of local material” were seen to be the “stationary materials”. The obtained findings in this research pave the way for the Egyptian storm industry towards becoming environmentally friendly, which will in turn improve the functioning mechanism of sewer networks.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su142113863&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess Routesgold 11 citations 11 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su142113863&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2015Publisher:MDPI AG Authors: Lee, Sanghyo; Kim, Kyunghwan;doi: 10.3390/su70810649
Effective change order management is very important in maintaining the financial sustainability of various stakeholders related to construction projects by minimizing cost overruns. In this study, we propose a zero-cost risk management approach based on the collar option model in order to control for the loss caused by change orders, the main cause of cost overruns in construction projects. We apply this model to actual projects for empirical analysis. The analysis, based on 237 projects, indicates that insurance buyers benefit from the collar option model in 46% of the cases, while insurance sellers do so in 53% of the cases. In most cases, the insurance buyer is the owner. According to the model, the owner experiences a loss when the cost overrun caused by change orders is lower than what was expected. In such cases, it is appropriate to conclude that the loss is not caused by the collar option model, but by the absence of additional revenue. However, the insurance seller suffers a loss if the cost overrun is higher than the strike price of the call option. Thus, the insurance seller needs to have expertise in construction management.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su70810649&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess RoutesGreen gold 6 citations 6 popularity Average influence Average impulse Average Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su70810649&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu