UNSPECIFIED (1996) Modelling the management of underground water assets. JOURNAL OF APPLIED STATISTICS, 23 (2-3). pp. 273-284. ISSN 0266-4763

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Abstract

Central to the activities of any industry is the modernization of its assets. This paper describes the application of statistical methods to the asset management plan of a large water company. A model for the underground assets is given in detail, and the extensive computations required are illustrated. A Bayesian model shows the consequences of various policy options and provides realistic measures of the uncertainty connected with them.

Item Type:	Journal Article
Subjects:	Q Science > QA Mathematics
Journal or Publication Title:	JOURNAL OF APPLIED STATISTICS
Publisher:	CARFAX PUBL CO
ISSN:	0266-4763
Date:	June 1996
Volume:	23
Number:	2-3
Number of Pages:	12
Page Range:	pp. 273-284
Publication Status:	Published
URI:	http://wrap.warwick.ac.uk/id/eprint/18560

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