Optimal Replacement and Maintenance of Urban Infrastructure
Bibliographic Data
| ID | 4139060 |
|---|---|
| Authors | P F Lesse (Commonwealth Scientific and Industrial Research Organisation), J R Roy (Commonwealth Scientific and Industrial Research Organisation), Johanna-Pascale Roy (0000-0002-0827-7122, Commonwealth Scientific and Industrial Research Organisation) |
| Year | 1987 |
| Volume | 19 |
| Issue | 8 |
| Pages | 1115-1121 |
| Publication date | 1987-08-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Environment and Planning A Economy and Space (JOURNAL) |
| Journal identifiers | ISSN: 0308-518X • E-ISSN: 1472-3409 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1068/a191115 |
| OpenAlex | W1971421683 |
| Language | EN |
| References cited | 5 |
The theory of optimal control is used to derive the optimal policy for maintenance and replacement of the capital invested into deteriorating infrastructure networks or facilities. Depending on economic conditions, the optimal policy consists either in maintaining the infrastructure indefinitely at its initial level, or in letting it run down and postponing its replacement as long as possible
Business · Computer security · Critical infrastructure · Economics · Environmental economics · Mathematical optimization · Microeconomics · Optimal control · Optimal maintenance · Reliability engineering · Computer Science · Engineering · Mathematics · Power System Reliability and Maintenance · Probabilistic and Robust Engineering Design · Reliability and Maintenance Optimization · Finance
| Citation velocity | historical |
|---|---|
| Highly cited | No |