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NEXTRANS @ JTRP Road School March 25, 2008 Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments Integrated Solutions for Transportation: Perspectives and Practices Samuel Labi Purdue University School of Civil Engineering Contents of this Presentation

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nextrans @ jtrp road school march 25 2008
NEXTRANS @ JTRP Road School

March 25, 2008

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Integrated Solutions for Transportation: Perspectives and Practices

Samuel Labi

Purdue University School of Civil Engineering

contents of this presentation
Contents of this Presentation

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

contents of this presentation3
Contents of this Presentation

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

  • Introduction and background
  • Integration of Transportation Investments
  • Trade-off analysis
  • Uncertainty
  • Summing up …
contents of this presentation4
Contents of this Presentation

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

  • Introduction and background
  • Integration of Transportation Investments
  • Trade-off analysis
  • Uncertainty
  • Summing up …
contents of this presentation5
Contents of this Presentation

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

  • Introduction and background
  • Integration of Transportation Investments
  • Trade-off analysis
  • Uncertainty
  • Summing up …
contents of this presentation6
Contents of this Presentation

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

  • Introduction and background
  • Integration of Transportation Investments
  • Trade-off analysis
  • Uncertainty
  • Summing up …
contents of this presentation7
Contents of this Presentation

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

  • Introduction and background
  • Integration of Transportation Investments
  • Trade-off analysis
  • Uncertainty
  • Summing up …
slide8

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Part 1.

Introduction and Background

root of the problem

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Root of the Problem
  • Typical highway manager at state/county/city oversees several different facility types:
    • Pavements
    • Bridges and Culverts
    • Road-side Appurtenances
    • Road-way Appurtenances, etc.
root of the problem10

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Root of the Problem
  • Often need to evaluate investment options and make decisions
    • involving several facilities of same/different types
    • on the basis of multiple performance objectives
  • This gives rise to
    • Possible trade-offs among performance measures
    • Possible trade-offs among modes
root of the problem11

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Root of the Problem
  • Often need to evaluate investment options and make decisions
    • involving several facilities of same/different types
    • on the basis of multiple performance objectives
  • This gives rise to
    • Possible trade-offs among performance measures
    • Possible trade-offs among modes

Cost ($) of the action

root of the problem12

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Root of the Problem
  • Often need to evaluate investment options and make decisions
    • involving several facilities of same/different types
    • on the basis of multiple performance objectives
  • This gives rise to
    • Possible trade-offs among performance measures
    • Possible trade-offs among modes

Cost ($) of the action

Impact on the Environment

root of the problem13

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Root of the Problem
  • Often need to evaluate investment options and make decisions
    • involving several facilities of same/different types
    • on the basis of multiple performance objectives
  • This gives rise to
    • Possible trade-offs among performance measures
    • Possible trade-offs among modes

Cost ($) of the action

Added facility durability

Impact on the Environment

root of the problem14

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Root of the Problem
  • Often need to evaluate investment options and make decisions
    • involving several facilities of same/different types
    • on the basis of multiple performance objectives
  • This gives rise to
    • Possible trade-offs among performance measures
    • Possible trade-offs among modes

Cost ($) of the action

Added facility durability

Impact on the Environment

Impact on Mobility/Accessibility

root of the problem15

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Root of the Problem
  • Often need to evaluate investment options and make decisions
    • involving several facilities of same/different types
    • on the basis of multiple performance objectives
  • This gives rise to
    • Possible trade-offs among performance measures
    • Possible trade-offs among modes

Impact on Safety

Cost ($) of the action

Added facility durability

Impact on the Environment

Impact on Mobility/Accessibility

root of the problem16

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Root of the Problem
  • Often need to evaluate investment options and make decisions
    • involving several facilities of same/different types
    • on the basis of multiple performance objectives
  • This gives rise to
    • Possible trade-offs among performance measures
    • Possible trade-offs among modes

Impact on Safety

Cost ($) of the action

Added facility durability

Impact on the Environment

Impact on Mobility/Accessibility

Etc.

root of the problem17

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Root of the Problem
  • Often need to evaluate investment options and make decisions
    • involving several facilities of same/different types
    • on the basis of multiple performance objectives
slide18

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Part 2.

Integration of Transportation Investments

Integrating the Various Program Areas

Integrating the Various Performance Measures/Objectives

slide19

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Integrating the Various Performance Measures/Objectives

Integration of Transportation Investments

Pavement Preservation

Integrating the Various Program Areas

Bridge Preservation

Roadside Improvement

Etc.

slide20

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Integrating the Various Performance Measures/Objectives

Integration of Transportation Investments

SAFETY

MOBILITY

ECON DEV.

ETC

Pavement Preservation

Integrating the Various Program Areas

Bridge Preservation

Roadside Improvement

Etc.

slide21

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Integrating the Various Performance Measures/Objectives

Question:

Consider packing stuff in your bag this morning

What factors did you consider?

Item weight

Usefulness to my person

Item volume

Usefulness to the day’s business

project selection conceptual illustration
“Project” selection – conceptual illustration

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Decision Variables

X1

X2

X3

X4

X5

X6

X7

X8

X9

X10

X11

X12

ITEMS

Reward

r1

r2

r3

r4

r5

r6

r7

r8

r9

r10

r11

r12

Cost

c1

c2

c3

c4

c5

c6

c7

c8

c9

c10

c11

c12

  • “Cost”, disbenefit, or disutility, could be:
  • The volume of the item (b’cos the knapsack space is limited)

“Reward”, usefulness, benefit, or utility, could be:

- Your degree of satisfaction

slide24

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

benefits

costs

  • Here, each item is a “project”
  • Each different alternative constitutes a “portfolio”
  • Possible portfolios are:
  • Selection based on following performance measures:
    • Overall usefulness to you
    • Overall usefulness to business
    • Overall weight of all items
    • Overall space taken by all items
generally for the knapsack problems
Generally, for the Knapsack problems …

Decision Variables

X1

X2

X3

XN

Item OR Project

Item N

Item 1

Item 2

Item 3

Reward

r1

r2

r3

rN

Cost

c1

c2

c3

cN

Total Cost

Total Reward

Average Cost

Average Reward

generally for the knapsack problems26
Generally, for the Knapsack problems, …

Decision Variables

X1

X2

X3

XN

Item or Project

Item 1

Item 2

Item 3

Item N

Reward

r1

r2

r3

rN

Cost

c1

c2

c3

cN

Possible Objectives

  • - Maximize total benefits
  • Minimize total cost
  • Maximize benefit cost ratio
  • Maximize Net Present Value
  • Etc.
generally for the knapsack problems27
Generally, for the Knapsack problems, …

Decision Variables

X1

X2

X3

XN

Item or Project

Item 1

Item 2

Item 3

Item N

Reward

r1

r2

r3

rN

Cost

c1

c2

c3

cN

Possible “Cost” constraints

  • - Total “cost” of all items must be less or equal to some maximum threshold, c*
  • Average “cost” of all items must not exceed some maximum threshold, c**
  • Cost of any individual item must not exceed some maximum threshold, c***
generally for the knapsack problems28
Generally, for the Knapsack problems …

Decision Variables

X1

X2

X3

XN

Item or Entity

Entity N

Entity 1

Entity 2

Entity 3

Reward

r1

r2

r3

rN

Cost

c1

c2

c3

cN

Possible “benefit” constraints

  • - Total “benefit” of all items must not be less than some minimum threshold, b*
  • Average “benefit” from all items must not be less than some minimum threshold, b**
  • “Benefit” from any individual item must not be less than some minimum threshold, b***
slide29

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Part 3.

Trade-offs

what are the possible trade offs
What are the possible trade-offs?

Decision Variables

X1

X2

X3

XN

Item or Entity

Entity N

Entity 1

Entity 2

Entity 3

Reward

r1

r2

r3

rN

Cost

c1

c2

c3

cN

By implementing a project instead of another,

- what do I benefit?

- what do I lose?

In terms of the various performance measures (cost, safety, durability, mobility, etc.?)

slide31
Applying the Knapsack Concept to

Highway Facilities Management

Optimizing Discrete Investment Decisions

for a Network of Systems

for purposes of preservation

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

slide32

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Reconstruction

Rehabilitation

Minor Maintenance

Major maintenance

Selecting projects from a vast pool of projects – what kind of projects?

slide33

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Life-cycle cost

Initial Cost

Economy

Safety

Congestion Mitigation

Added durability of the Facility

Environment

Selecting projects from a vast pool of projects – which factors influence your selection of projects?

slide34

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Part 4.

Uncertainty

slide35

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Life-cycle cost

Initial Cost

Economy

Safety

Congestion Mitigation

Added durability of the Facility

Environment

  • What about Uncertainty?
    • For each project, impacts shown below are not fixed (certain) but have a range of values (uncertainty)
summing up

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Summing Up . . .
  • Evaluation and Decision making based on multiple objectives has potential to:
      • Enable analysis of trade-offs among performance measures
      • Enable analysis of trade-offs among facility types
      • Include more stakeholders (users, community, etc.) in decision-making process
      • Enable more direct inclusion of stakeholder concerns
      • Reduce biased/subjective/parochial decision-making
slide37

Uncertainty-Based Tradeoff Analysis for Integrated Transportation Investments

Questions?