Combining a multiattribute value function with an optimization model: An application to dynamic resource allocation for infrastructure maintenance

摘要

A generic resource allocation model is developed for FINNRA by building and interlinking a preference model, a lifecycle model and an optimization model and the results are explored in facilitated workshops where 'on-the-fly' computations give senior managers insights into how the recommendations depend on the preferences and budget levels The model features modules to evaluate quality class distributions with regard to multiple criteria, characterization of deterioration improvement dynamics of activity-quality and the determination of recommended activity funding levels over a long time horizon.