Main Title |
Dynamic Programming Approach for Investment Strategies in Wastewater Treatment Plants. |
Author |
Armstron, John M. ;
|
CORP Author |
Michigan Univ., Ann Arbor. Dept. of Civil Engineering. |
Year Published |
1973 |
Report Number |
DI-14-31-0001-3022; OWRR-A-036-MICH; A-036-MICH(1),; 11426 |
Stock Number |
PB-221 646 |
Additional Subjects |
( Sewage treatment ;
Cost engineering) ;
( Investment ;
Mathematical models) ;
Decision making ;
Regional planning ;
Forecasting ;
Management planning ;
Computer programming ;
Present worth ;
Capitalized costs ;
Dynamic programming ;
|
Holdings |
Library |
Call Number |
Additional Info |
Location |
Last Modified |
Checkout Status |
NTIS |
PB-221 646 |
Some EPA libraries have a fiche copy filed under the call number shown. |
|
07/26/2022 |
|
Collation |
80p |
Abstract |
The paper presents a methodology which will arrive at an optimal capital investment schedule while considering the various parameters relevant to wastewater treatment. The primary emphasis is on the development of a methodology which is flexible enough to accomodate any factor which one might reasonably wish to include. The program has been designed to optimize a combination of processes or to optimize the individual processes separately. The model generates the optimal capacity schedule within its limited discrete universe. These solutions agree with the analytical expectations for simple demand curves of linear or geometric shape. In addition, the model provides a cheap and convenient means of exploring alternate futures in actual decision making situations. At the least it provides some method of calculating the cost of forecasting errors. |