Calculation Method For Asset Value Assessment of Municipal Transportation Infrastructure Based on Genetic Algorithm

The necessity of national economic evaluation of highway construction projects under the current situation of rapid development of highway construction; This paper applies the asset value evaluation method to the evaluation of the residual value of highway assets in the national economic evaluation of highway, and discusses the method of using the replacement cost method in the asset value evaluation to determine the residual value of highway assets. Through the analysis of the influencing factors affecting the value of transportation infrastructure assets, the advantages and disadvantages of various evaluation methods are integrated, the most reasonable method is selected to evaluate the value of transportation infrastructure, and the technical status indicators of assets are scientifically and reasonably transformed into economic indicators. This paper introduces the estimation method of road pavement and Bridge assets and the estimated total capital and output. Genetic algorithm is an iterative adaptive probabilistic search algorithm based on the mechanism of natural selection and natural genetics in the biological world. As a new intelligent search algorithm, genetic algorithm has quickly attracted everyone’s attention after its birth, and has achieved good results in many fields. While calculating the mixture ratio, considering the price of raw materials, the multi-objective planning is truly achieved, which opens up a new direction for the calculation of mixture ratio in the whole highway construction.