PROGRAMMING TRANSPORT INVESTMENT: A PRIORITY-PLANNING PROCEDURE

A priority-programming procedure was developed and is being implemented by the Ontario Ministry of Transportation and Communications. The procedure initially will deal with rural highway investment but can be extended to transit and urban areas. An earlier paper has given a general background of the procedure. This paper shows how the linear-programming formulation is a valuable extension of current methods of cost-benefit analysis. The basis of the extension is the explicit consideration of trade-offs concerning the time of investment for improvements. The method also provides for different interest rates for discounting benefits and costs. The paper describes the linear-programming formulation including the treatment of alternatives, regional budgets, and commitments. The paper also discusses the treatment of interrelated or joint benefits of improvements. Finally, the paper presents the calculation procedure for the key benefits-user time and vehicle operating cost. This procedure accounts for variations in hourly volumes over the year and uses existing information as input. /Author/

• Record URL:
  • http://onlinepubs.trb.org/Onlinepubs/trr/1976/574/574-005.pdf
• Summary URL:
  • http://scholar.google.com/scholar_lookup?title=PROGRAMMING+TRANSPORT+INVESTMENT%3a+A+PRIORITY-PLANNING+PROCEDURE&author=J.+Shortreed&author=R.+Crowther&publication_year=1976
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/03611981
• Supplemental Notes:
  • Publication of this paper sponsored by Committee on Transportation Programming, Planning, and Evaluation. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
• Authors:
  • Shortreed, John H
  • Crowther, Richard F
• Conference:
  • 54th Annual Meeting of the Transportation Research Board
  • Location: Washington District of Columbia
  • Date: 1975-1-13 to 1975-1-17
• Publication Date: 1976

Media Info

• Media Type: Digital/other
• Features: Figures; References; Tables;
• Pagination: pp 48-57
• Monograph Title: Planning and programming for transportation
• Serial:
  • Transportation Research Record
  • Issue Number: 574
  • Publisher: Transportation Research Board
  • ISSN: 0361-1981

Subject/Index Terms

• TRT Terms: Alternatives analysis; Benefit cost analysis; Calculation; Computer programming; Economics; Improvements; Investments; Linear programming; Motor vehicles; Operating costs; Rural highways; Strategic planning; Traffic volume; Transportation; Transportation planning; Urban transportation; User benefits
• Uncontrolled Terms: Computation; Programming
• Old TRIS Terms: Substitutes
• Subject Areas: Administration and Management; Economics; Planning and Forecasting; Transportation (General);

Filing Info

• Accession Number: 00139557
• Record Type: Publication
• ISBN: 0309024889
• Files: TRIS, TRB
• Created Date: Sep 16 1981 12:00AM