Impact of Economic Risks on Box Culvert Designs–an Application to 22 Virginia Sites
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1974-08-01
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Edition:Final Report
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Abstract:This report demonstrates the results of a preliminary effort to incorporate economic risks into culvert design and to relate this economic design to conventional design practice for 22 culvert sites in Virginia. Economic design is defined as the minimum annual construction cost plus the expected flood-related loss or risk. Each design is evaluated in a five-step procedure; (1) calculate annual construction cost, (2) perform dynamic flow routings for a series of flood hydrographs, (3) estimate embankment erosion, (4) calculate losses and (5) weigh losses with flood probabilities to derive risks.
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