An optimal timing model of water reallocation and reservoir construction

Growth of the users base often reduces the efficiency of existing water allocation policies and causes new water supplies to cost more than the value of water in existing use. Historically, water management authorities have shown a bias toward undertaking of new supply projects and delay of necessar...

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Bibliographic Details
Published inEuropean journal of operational research Vol. 145; no. 1; pp. 165 - 174
Main Authors Firoozi, Fathali, Merrifield, John
Format Journal Article
LanguageEnglish
Published Amsterdam Elsevier B.V 16.02.2003
Elsevier
Elsevier Sequoia S.A
SeriesEuropean Journal of Operational Research
Subjects
Facilities planning
Facilities planning and design
Mathematical models
Natural resources
Operations research
Optimization
Optimization theory
Resource allocation
Studies
Supplies
Systems analysis
Systems dynamics
Water supply
Optimization theory
Natural resources
Systems dynamics
Facilities planning and design
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Summary:Growth of the users base often reduces the efficiency of existing water allocation policies and causes new water supplies to cost more than the value of water in existing use. Historically, water management authorities have shown a bias toward undertaking of new supply projects and delay of necessary reallocations. This study provides an analysis of the timing and adjustments associated with construction of new reservoirs and reallocation of existing supplies. A dynamic model yields simultaneously the optimal construction timing of new projects and guidelines for reallocation of existing supplies. A number of sensitivity results provide additional insights.
ISSN:0377-2217
1872-6860
DOI:10.1016/S0377-2217(02)00160-1