Robust Investment Decisions for Highway Capacity Expansions

نویسنده

  • Fernando Ordóñez
چکیده

Transportation assume no liability for the contents or use thereof. The contents do not necessarily reflect the official views or policies of the State of California or the Department of Transportation. This report does not constitute a standard, specification, or regulation. 2 Abstract In this report we present a methodology to decide capacity expansions for a transportation network that finds a robust solution with respect to the uncertainty in demands and travel times. We show that solving for a robust solution is a computationally tractable problem under conditions that are reasonable for a transportation system. For example, the robust problem is tractable for a multicommodity flow problem with a single source and sink per commodity and uncertain demand and travel time represented by bounded convex sets. Preliminary computational results show that the robust solution can reduce the worst case cost by more than 20%, while incurring on a 5% loss in optimality when compared to the optimal solution of a representative scenario.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Highway Investment and Rural Economic Development: An Annotated Bibliography

This annotated bibliography summarizes studies of the rural economic development implications of highway investment. Primary emphasis is on research dealing with rural areas, but some urban studies are also cited. Topics covered include the aggregate economic effects of highway investment, the effects of highway investment on business location decisions and employment expansion, the effects of ...

متن کامل

Design of a Reliable Facility Location Model for Health Service Networks

This paper proposes a novel facility location model for health service network design by considering different key elements including the reliability aspects, service capacity, congestion, service quality, surrounding public infrastructures, geographical accessibility and several types of cost such as investment, transportation and operational costs. We formulate the problem as a robust scenari...

متن کامل

A COMPARISON OF HIGHWAY AND TRAVEL DEMAND MANAGEMENT ALTERNATIVES USING AN INTEGRATED LAND USE AND TRANSPORTATION MODEL IN THE SACRAMENTO REGION by

In this study, we apply an integrated land use and transportation model, the Sacramento MEPLAN model, to evaluate transit investment alternatives combined with supportive land use policies and pricing polices in the Sacramento region. Highway investment alternatives are simulated as well for purposes of comparison. The application of the Sacramento MEPLAN model is relatively advanced because th...

متن کامل

A Comparison of Highway and Travel Demand Management Alternatives Using an Integrated Land Use and Transportation Model in the Sacramento Region

In this study, we apply an integrated land use and transportation model, the Sacramento MEPLAN model, to evaluate transit investment alternatives combined with supportive land use policies and pricing polices in the Sacramento region. Highway investment alternatives are simulated as well for purposes of comparison. The application of the Sacramento MEPLAN model is relatively advanced because th...

متن کامل

A Multi-Period Robust Optimization Model for Integrated Planning of Decisions in the Petrochemical Products’ Supply Chain

  Optimal management and planning in the petrochemical industry will bring about many economic benefits, including depended industries. In this research we examine technical and operational planning in the petrochemical supply chain network to assess how to optimize periodic decisions such as inventory of raw materials and products, pricing, transportation and flow of materials and products. In...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2005