Optimizing airport runway improvement program - A dynamic programming approachIn order to reduce the air traffic delay in the terminal area, an immediate remedy is to increase airport capacity by an expansion of the existing runway system. The runway expansion program is often limited by budgetary constraints; the expensive facilities for a long-term improvement cannot be built at once. When a runway improvement strategy is being considered for a longer planning horizon, the investiment decision depends upon the interrelations of its composite periods. The problem, therefore, is to determine how time factor and investment decisions interact to yield an optimal improvement scheme that meets demand at a minimum cost. With this objective in mind, a dynamic programming methodology is employed to determine the optimal planning scheme. Also, an example runway improvement problem is tested to illustrate how a dynamic programming model is practical in actual application.
Document ID
19760040190
Acquisition Source
Legacy CDMS
Document Type
Conference Proceedings
Authors
Yu, J. C. (Utah, University Salt Lake City, Utah, United States)
Gibson, D. R. (Federal Highway Administration Washington, D.C., United States)