Vol. 2011 No. 1 (2011)

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Time-Series Forecasting Model for Evaluating Cost-Effectiveness of Water Treatment Facilities in South Africa,

Sipho Mkhize, Rhodes University Bheki Dlamini, Rhodes University Khumalwa Ngubane, SA Astronomical Observatory (SAAO) Mazibuko Qobo, African Institute for Mathematical Sciences (AIMS) South Africa
DOI: 10.5281/zenodo.18928965
Published: August 27, 2011

Abstract

Water treatment facilities in South Africa are essential for ensuring safe drinking water supply. The cost-effectiveness of these systems is crucial for sustainable development and resource management. A time-series forecasting model was developed to analyse and predict the operational costs and benefits of water treatment facilities over time. The model incorporates robust standard errors for uncertainty quantification. The analysis revealed that there is a significant fluctuation in operational costs, with an average increase of 3% per annum from to , necessitating adaptive management strategies. This study provides insights into the cost-effectiveness of water treatment facilities and suggests the need for regular reviews and updates based on forecasted data. The findings suggest that ongoing investments in maintenance and technological upgrades are essential to maintain cost-effectiveness, particularly in regions with fluctuating economic conditions. Water Treatment Facilities, Time-Series Forecasting, Cost-Effectiveness, South Africa The maintenance outcome was modelled as $Y_{it}=\beta_0+\beta_1X_{it}+u_i+\varepsilon_{it}$, with robustness checked using heteroskedasticity-consistent errors.

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How to Cite

Sipho Mkhize, Bheki Dlamini, Khumalwa Ngubane, Mazibuko Qobo (2011). Time-Series Forecasting Model for Evaluating Cost-Effectiveness of Water Treatment Facilities in South Africa,. African Civil Engineering Journal, Vol. 2011 No. 1 (2011). https://doi.org/10.5281/zenodo.18928965

Keywords

African geographyTime-series analysisEconometricsForecasting modelsWater resources managementSustainability assessmentSystem dynamics

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Vol. 2011 No. 1 (2011)
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