A Time Series Analysis Framework for Transportation Infrastructure Management
The authors present an integrated framework to address performance prediction and maintenance optimization for transportation infrastructure facilities. The framework is based on formulating the underlying resource allocation problem as discrete-time, stochastic optimal control problem with linear dynamics and a quadratic criterion. Facility deterioration is represented as a time series, which provides an attractive and rigorous approach to specify and estimate performance models. The state and decision variables in the framework are continuous which allows the framework to overcome important computational and statistical limitations that do not allow existing optimization models to address various problems that arise in the management of transportation infrastructure. To illustrate the advantages of the proposed approach, the authors conduct a numerical study where they examine the case of multiple technologies being used simultaneously to collect condition data. Specifically, the authors illustrate how the framework can be used to quantify the effect of the capabilities of inspection technologies, i.e., precision, accuracy and relationships, on life-cycle costs. This information can be used to compute the operational value of combining technologies, and thus, to guide in their selection based on economic criteria.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/issn/01912615
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Supplemental Notes:
- Abstract reprinted with permission from Elsevier
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Authors:
- Durango-Cohen, Pablo L
- Publication Date: 2007-6
Language
- English
Media Info
- Media Type: Print
- Features: Figures; References;
- Pagination: pp 493-505
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Serial:
- Transportation Research Part B: Methodological
- Volume: 41
- Issue Number: 5
- Publisher: Elsevier
- ISSN: 0191-2615
- Serial URL: http://www.sciencedirect.com/science/journal/01912615
Subject/Index Terms
- TRT Terms: Accuracy; Data collection; Deterioration; Econometric models; Economic factors; Estimates; Finance; Inspection; Kalman filtering; Life cycle costing; Maintenance practices; Mathematical prediction; Multiple criteria decision making; Numerical analysis; Operations research; Performance measurement; Precision; Project management; Resource allocation; Statistical analysis; Technology; Time series; Transportation, hydraulic and utility facilities
- Uncontrolled Terms: Stochastic optimal control; Transportation infrastructure
- Subject Areas: Administration and Management; Data and Information Technology; Economics; Finance; Highways; I10: Economics and Administration;
Filing Info
- Accession Number: 01045442
- Record Type: Publication
- Files: TRIS, ATRI
- Created Date: Mar 28 2007 12:52PM