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The interactive, multi-objective and flexible decision-making model for investment of water project

by Jie Zhang, Jigan Wang, Huimin Wang
2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008 ()

Abstract

Water project has the characters of long investment cycle, muti-objectiveness, uncertain and so on. The traditional investment decision-making model usually only makes decision from the perspective of engineering and technical, while ignoring the impact of the above factors. The interactive idea can modify the decision-making results according to uncertain conditions during the course of decision-making, which can solve the impact of uncertain factors in water project investment. The interactive, multi-objective and flexible decision-making model is established by using the interactive idea. The model can solve the semi-structured problems and can deal with the impact of the uncertain factors for the decision-making. The South-to-North Water Transfer Project is a very large water project, which can solve the problem of water shortage in the north of China. The interactive, multi-objective and flexible decision-making model was used to make decision on the middle-east route connectivity drainage of South-to-North Water Transfer Project in Hebei province. The result showed that the model can provide decision support for the water project investment decision.

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