To Build or Not To Build: Determining a Quantitative Metric for Land Planning and Allocation
DOI:
https://doi.org/10.61173/1chhk205Keywords:
Linear Programming, TOPSIS, Genetic Algorithm, Cobb-Douglas Function, DifferentialAbstract
Land planning is crucial to ensure that urban development occurs with consideration to the economic, social, and
environmental interests of a community. Many conflicting factors must often be considered to adhere to optimal land
planning. In this paper, our team makes a quantitative decision metric that can analyze these factors and determine the
“best” choice from a given set of development options and the allocation of those choices. First, linear programming is
used to determine two “best” development options: one that maximizes both economic and social factors and one that
minimizes negative environmental factors while maximizing social. The maxima and minima from linear programming
are then applied to the Technique for Order of Preference by Similarity to the Ideal Solution to obtain a third real-world
“overall best” option that balances economic and environmental factors with a desired weighting. A genetic algorithm
is then used to determine the optimal positioning of the three established “bests” by analyzing opportunity costs based
on an environmental degradation penalty index. Finally, the Cobb-Douglas Function is used to conduct a short- and
long-term analysis of each result’s profit by solving differential equations about inflation. This model is then applied
to the parcel of land in Victory, NY, using data obtained from research. The ideal option and positioning are found to
be 267 acres of a sports complex in the northern half of the land, 129 acres of regenerative farm directly west of the
sports complex, 344 acres of a solar array in the southernmost region of the land, and 1 acre of agritourism center on the
eastern side of the land. Conducting a sensitivity analysis on our model reveals that the linear programming results are
most affected by the area and societal benefit restrictions but that the TOPSIS results remain relatively stable regardless
of the changing parameters. Our model is adjusted to account for Micron Technology, Inc. building a nearby fabrication
facility. As this facility brings more jobs and thus more people, the profit of facilities that involve tourism will increase.
However, nature-based facilities will suffer detriment due to pollution caused by the facility. With these adjustments,
the model is re-run, and the results are compared to the previous results. In this scenario, there would be a greater area
of the solar array and agritourist center, a smaller sports complex, no regenerative farm, and 128 acres of ranch. Finally,
the generalizability of our model is discussed by first discussing its application in Shenzhen, China, and then widening
the scope to any location in any country. Our model will provide the most implementable results in rural environments
due to its quantitative nature that cannot consider complicated urban planning laws but that the model can be applied to
nearly any scenario as long as data is provided.