Decision Support for Optimal Design of Water Distribution Networks: A Real Options Approach

Detalhes bibliográficos
Autor(a) principal: Marques, J.
Data de Publicação: 2014
Outros Autores: Cunha, M., Savić, D. A.
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10316/46553
https://doi.org/10.1016/j.proeng.2014.02.119
Resumo: Conference proceedings journal volume
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spelling Decision Support for Optimal Design of Water Distribution Networks: A Real Options Approachwater distribution networksreal optionsoptimizationsimulated annealingConference proceedings journal volumeThere is a growing concern about how the technical, managerial and financial capacity of drinking water systems can be sustained in the long run with future uncertainties. A water supply system is critical for the well- being of a community and it must provide water in sufficient quantity, of appropriate quality and without interruption. People have high expectations for the proper functioning of these systems but the future is uncertain and it is very difficult to conceive an infallible infrastructure. This work proposes a real options (ROs) approach that takes into account future uncertainty associated with water distribution networks. The ROs methodology extends traditional analysis to include flexible strategic implementation. This work describes a decision support methodology to design water networks that are adaptable over a long-term planning horizon. Representing design strategies as decision trees allows decision makers to easily adapt the system according to future circumstances. Results show that the ROs solution makes it possible to save on resources through an analysis based on an extended and uncertain planning horizon.Elsevier2014info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlehttp://hdl.handle.net/10316/46553http://hdl.handle.net/10316/46553https://doi.org/10.1016/j.proeng.2014.02.119enghttps://www.sciencedirect.com/science/article/pii/S1877705814001210Marques, J.Cunha, M.Savić, D. A.info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2021-10-25T11:18:14Zoai:estudogeral.uc.pt:10316/46553Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T20:57:17.723451Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Decision Support for Optimal Design of Water Distribution Networks: A Real Options Approach
title Decision Support for Optimal Design of Water Distribution Networks: A Real Options Approach
spellingShingle Decision Support for Optimal Design of Water Distribution Networks: A Real Options Approach
Marques, J.
water distribution networks
real options
optimization
simulated annealing
title_short Decision Support for Optimal Design of Water Distribution Networks: A Real Options Approach
title_full Decision Support for Optimal Design of Water Distribution Networks: A Real Options Approach
title_fullStr Decision Support for Optimal Design of Water Distribution Networks: A Real Options Approach
title_full_unstemmed Decision Support for Optimal Design of Water Distribution Networks: A Real Options Approach
title_sort Decision Support for Optimal Design of Water Distribution Networks: A Real Options Approach
author Marques, J.
author_facet Marques, J.
Cunha, M.
Savić, D. A.
author_role author
author2 Cunha, M.
Savić, D. A.
author2_role author
author
dc.contributor.author.fl_str_mv Marques, J.
Cunha, M.
Savić, D. A.
dc.subject.por.fl_str_mv water distribution networks
real options
optimization
simulated annealing
topic water distribution networks
real options
optimization
simulated annealing
description Conference proceedings journal volume
publishDate 2014
dc.date.none.fl_str_mv 2014
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10316/46553
http://hdl.handle.net/10316/46553
https://doi.org/10.1016/j.proeng.2014.02.119
url http://hdl.handle.net/10316/46553
https://doi.org/10.1016/j.proeng.2014.02.119
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://www.sciencedirect.com/science/article/pii/S1877705814001210
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.publisher.none.fl_str_mv Elsevier
publisher.none.fl_str_mv Elsevier
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
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collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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