Estimating Annual Maintenance Expenditures for Infrastructure: Artificial Neural Network Approach
For the purposes of long-term planning and budgeting, infrastructure user cost allocation, and financial need forecasts, infrastructure agencies seek knowledge of the annual expenditure levels for maintaining their assets. Often, this information is expressed in dollars per unit dimension of the infrastructure and is estimated using observed data from historical records. This paper presents an artificial neural network (ANN) approach for purposes of estimating annual expenditures on infrastructure maintenance and demonstrates the application of the approach using a case study involving rural interstate highway pavements. The results of this exploratory study demonstrate that not only is it feasible to use ANN to derive reliable predictions of annual maintenance expenditures (AMEX) at aggregate level, but also it is possible to identify the influential factors of such expenditures and to quantify the sensitivity of AMEX to such factors.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/issn/10760342
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Supplemental Notes:
- © 2015 American Society of Civil Engineers.
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Authors:
- Woldemariam, Wubeshet
- Murillo-Hoyos, Jackeline
- Labi, Samuel
- Publication Date: 2016-6
Language
- English
Media Info
- Media Type: Web
- Features: References;
- Pagination: 04015025
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Serial:
- Journal of Infrastructure Systems
- Volume: 22
- Issue Number: 2
- Publisher: American Society of Civil Engineers
- ISSN: 1076-0342
- EISSN: 1943-555X
- Serial URL: http://ascelibrary.org/journal/jitse4
Subject/Index Terms
- TRT Terms: Cost estimating; Expenditures; Infrastructure; Maintenance; Mathematical prediction; Neural networks; Pavement maintenance; Rural highways; Sensitivity analysis
- Subject Areas: Data and Information Technology; Finance; Highways; Maintenance and Preservation; Pavements; I10: Economics and Administration; I60: Maintenance;
Filing Info
- Accession Number: 01587045
- Record Type: Publication
- Files: TRIS, ASCE
- Created Date: Jan 15 2016 3:05PM