Several contributions are made. Firstly, uncertainties from different phases are analysed in prefabrication construction. The analysis could be used for guiding different decision-makers to fully understand current conditions which may propose some research questions for academia so as to improve the construction industry profoundly. Secondly, the vision of using operational hedging for logistics uncertainty management in prefabrication construction could provide some opportunities to upgrade and transform the industry by using the time and space hedging strategies, ensuing the quality and smoothness of a construction project. Thirdly, the hedging strategies are very meaningful in prefabrication construction. This paper opens an area in where hedging methodologies, models, solution algorithms, as well as practical cases could be further studied in other area since the limited resources often confine the operational executions. Thus, the social impacts could be extended.
Several contributions are made. Firstly, uncertainties from different phases are analysed in prefabrication construction. The analysis could be used for guiding different decision-makers to fully understand current conditions which may propose some research questions for academia so as to improve the construction industry profoundly. Secondly, the vision of using operational hedging for logistics uncertainty management in prefabrication construction could provide some opportunities to upgrade and transform the industry by using the time and space hedging strategies, ensuing the quality and smoothness of a construction project. Thirdly, the hedging strategies are very meaningful in prefabrication construction. This paper opens an area in where hedging methodologies, models, solution algorithms, as well as practical cases could be further studied in other area since the limited resources often confine the operational executions. Thus, the social impacts could be extended.
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