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International Conference on Applications of Statistics and Probability in Civil Engineering (ICASP) (12th : 2015)
Stochastic renewal process models for life cycle cost and utility analysis Pandey, Mahesh D.; Wang, Z.; Cheng, T.
Abstract
The paper presents a systematic formulation of the life cycle cost and utility analysis based on the theory of stochastic renewal processes. The paper derives integral equations for expected cost and net present value, variance and expected utility over a given period. The proposed formulation can be used to optimize the design and rehabilitation activities to improve the life cycle performance of structures that are vulnerable to external hazards, such as earthquakes, winds storms and floods.
Item Metadata
| Title |
Stochastic renewal process models for life cycle cost and utility analysis
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| Creator | |
| Contributor | |
| Date Issued |
2015-07
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| Description |
The paper presents a systematic formulation of the life cycle cost and utility analysis
based on the theory of stochastic renewal processes. The paper derives integral equations for expected
cost and net present value, variance and expected utility over a given period. The proposed formulation
can be used to optimize the design and rehabilitation activities to improve the life cycle performance of
structures that are vulnerable to external hazards, such as earthquakes, winds storms and floods.
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| Genre | |
| Type | |
| Language |
eng
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| Notes |
This collection contains the proceedings of ICASP12, the 12th International Conference on Applications of Statistics and Probability in Civil Engineering held in Vancouver, Canada on July 12-15, 2015. Abstracts were peer-reviewed and authors of accepted abstracts were invited to submit full papers. Also full papers were peer reviewed. The editor for this collection is Professor Terje Haukaas, Department of Civil Engineering, UBC Vancouver.
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| Date Available |
2015-05-26
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| Provider |
Vancouver : University of British Columbia Library
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| Rights |
Attribution-NonCommercial-NoDerivs 2.5 Canada
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| DOI |
10.14288/1.0076240
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| URI | |
| Affiliation | |
| Citation |
Haukaas, T. (Ed.) (2015). Proceedings of the 12th International Conference on Applications of Statistics and Probability in Civil Engineering (ICASP12), Vancouver, Canada, July 12-15.
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| Peer Review Status |
Unreviewed
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| Scholarly Level |
Faculty
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| Rights URI | |
| Aggregated Source Repository |
DSpace
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Rights
Attribution-NonCommercial-NoDerivs 2.5 Canada