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Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering
The Design And Implementation Of A Time-Shared Computer Based Construction Cost Estimating System For An Electric Utility, Thomas Arnold Westphal
The work of the distribution department of an elec tric utility involves a great deal of medium to heavy construction. This work is vital to serve the energy needs of the public. An electric utility constantly builds, reinforces, and repairs electric distribution facilities. The material and labor used to accomplish this construction is expensive. Money in sufficient amounts is seldom, if ever, available to finance all proposed construction projects. Therefore, the cost of proposed projects must be estimated in advance, so that management may decide on an economic basis which projects will be authorized.
The need for accurate construction cost ...