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|Title:||MODELLING OF CONVEYANCE CONSTRUCTION COST BY DECOMPOSITION TECHNIQUE.|
|Authors:||Ong, S.L. |
|Source:||Ong, S.L.,Ong, H.L. (1986-10). MODELLING OF CONVEYANCE CONSTRUCTION COST BY DECOMPOSITION TECHNIQUE.. Journal of the Operational Research Society 37 (10) : 979-985. ScholarBank@NUS Repository.|
|Abstract:||This paper presents a simple yet effective decomposition technique for estimating the empirical constants associted with a conveyance construction cost function. The procedure proposed will self-locate a set of rough estimates for the empirical constants to be estimated, and refine it subsequently based on a univariate optimization algorithm. The procedure presented has been tested against some synthetic data and data obtained from a cost chart. In this computational study, the proposed technique was found to perform fairly well.|
|Source Title:||Journal of the Operational Research Society|
|Appears in Collections:||Staff Publications|
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