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A Weather Model for Simulating Offshore Construction Alternatives

Author

Listed:
  • M. H. Rothkopf

    (Xerox Palo Alto Research Center, Palo Alto, California)

  • J. K. McCarron

    (Shell Pipe Line Corporation, Houston, Texas)

  • S. Fromovitz

    (College of Business Administration, University of Maryland, College Park, Maryland)

Abstract

The time and cost required for offshore construction operations are often dominated by the influence of weather, particularly wave heights. Historical wave height data can be summarized in a simple probabilistic model that can be used in a Monte Carlo simulation of the construction operations. Such a simulation has been used effectively to evaluate alternative bids on pipeline projects in the Gulf of Mexico. This paper describes the Markovian wave height model we have incorporated in the simulation.

Suggested Citation

  • M. H. Rothkopf & J. K. McCarron & S. Fromovitz, 1974. "A Weather Model for Simulating Offshore Construction Alternatives," Management Science, INFORMS, vol. 20(10), pages 1345-1349, June.
    • Handle: RePEc:inm:ormnsc:v:20:y:1974:i:10:p:1345-1349
    DOI: 10.1287/mnsc.20.10.1345
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    Cited by:

    1. Ravi Pandit & Davide Astolfi & Anh Minh Tang & David Infield, 2022. "Sequential Data-Driven Long-Term Weather Forecasting Models’ Performance Comparison for Improving Offshore Operation and Maintenance Operations," Energies, MDPI, vol. 15(19), pages 1-20, October.
    2. Kerkhove, L.-P. & Vanhoucke, M., 2017. "Optimised scheduling for weather sensitive offshore construction projects," Omega, Elsevier, vol. 66(PA), pages 58-78.

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