Asset management modelling: An example from the water industry

Thomas Welsh Archibald

Abstract

Scottish Water is responsible for the supply of clean water and the removal of waste water throughout Scotland. This requires the efficient management of large systems of assets many of which have very long lifecycles. A general approach to the problem using Markov decision process models will be presented. The practical challenges of using such a model, including data and computational issues, will be discussed. Finally a decomposition method for a simplified version of the problem will be developed.

Original language	English
Publication status	Published - 2013
Event	XXVI EURO - INFORMS Joint International Conference: "All roads lead to OR" - Rome, Italy Duration: 1 Jul 2013 → 4 Jul 2013

Conference

Conference	XXVI EURO - INFORMS Joint International Conference: "All roads lead to OR"
Country/Territory	Italy
City	Rome
Period	1/07/13 → 4/07/13

Keywords

Stochastic Models
Environmental Management
Programming, Dynamic

Cite this

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title = "Asset management modelling: An example from the water industry",

abstract = "Scottish Water is responsible for the supply of clean water and the removal of waste water throughout Scotland. This requires the efficient management of large systems of assets many of which have very long lifecycles. A general approach to the problem using Markov decision process models will be presented. The practical challenges of using such a model, including data and computational issues, will be discussed. Finally a decomposition method for a simplified version of the problem will be developed.",

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year = "2013",

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AU - Archibald, Thomas Welsh

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N2 - Scottish Water is responsible for the supply of clean water and the removal of waste water throughout Scotland. This requires the efficient management of large systems of assets many of which have very long lifecycles. A general approach to the problem using Markov decision process models will be presented. The practical challenges of using such a model, including data and computational issues, will be discussed. Finally a decomposition method for a simplified version of the problem will be developed.

AB - Scottish Water is responsible for the supply of clean water and the removal of waste water throughout Scotland. This requires the efficient management of large systems of assets many of which have very long lifecycles. A general approach to the problem using Markov decision process models will be presented. The practical challenges of using such a model, including data and computational issues, will be discussed. Finally a decomposition method for a simplified version of the problem will be developed.

KW - Stochastic Models

KW - Environmental Management

KW - Programming, Dynamic

M3 - Abstract

T2 - XXVI EURO - INFORMS Joint International Conference: "All roads lead to OR"

Y2 - 1 July 2013 through 4 July 2013

ER -

Asset management modelling: An example from the water industry

Abstract

Conference

Keywords

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Cite this