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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