ABSTRACT
The control and maintenance of construction equipment inventories is a problem that
continues to plague the construction industry. The total investment in construction equip-
ments nationwide is immense. Careful planning of equipment and spare parts inventories is
required to realize a decent return on investment. The dictionary defines the term inventory as
‘‘a complete listing of merchandise or stock on hand, work in progress, raw materials, etc.,
made each year by a business’’ [1]. In the context of construction equipment, inventory means
an accurate listing of resources available in order to ensure that they will be readily available
if the situation demands. The problem is not simply confined to the stock of equipments,
spare parts, and related consumable items, but can be tied to the fluctuating production and
capacity needed to do several projects simultaneously.
