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Modelling of Conveyance Construction Cost by Decomposition Technique

 

作者: OngS. L.,   OngH. L.,  

 

期刊: Journal of the Operational Research Society  (Taylor Available online 1986)
卷期: Volume 37, issue 10  

页码: 979-985

 

ISSN:0160-5682

 

年代: 1986

 

DOI:10.1057/jors.1986.167

 

出版商: Taylor&Francis

 

关键词: decomposition technique;microcomputers;optimization;parameter estimation;public expenditure

 

数据来源: Taylor

 

摘要:

AbstractThis paper presents a simple yet effective decomposition technique for estimating the empirical constants associated with a conveyance construction cost function. The procedure proposed will self-locate a set of rough estimates for the empirical constants to be estimated, and refine it subsequently based on a univariate optimization algorithm. The procedure presented has been tested against some synthetic data and data obtained from a cost chart. In this computational study, the proposed technique was found to perform fairly well.

 

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