Summary
Subjects addressed:
Life Cycle Costing/Economic Analysis, Maintenance and Preservation, Resource Allocation and Program DevelopmentTopics addressed:
Analytical Tools and ModelsAsset types addressed:
TransitDetail
Title: Preserving an Aging Transit Fleet: Optimal Resource Allocation Perspective Based on Service Life and Constrained BudgetResource type: Research Report
Year published: 2013
Publisher: 2013 TRB Annual Meeting
URL: http://amonline.trb.org/2013-1.264263/t-13-001-1.279247/352-1.279632/13-0638-1.279643/13-0638-1-1.273289
Abstract:
A study in which the Net Present Cost (NPC) model was produced to demonstrate methods for preserving an aging transit fleet. The model was designed to assist transit agencies as they allocate limited resources to repair and replace aging assets.