Development of an Approach to Facilitate Optimal Equipment Replacement

The principle objective of this study was to develop a procedure using available departmental data on operation, maintenance and replacement costs to provide the Louisiana Department of Transportation and Development with guidelines for the identification of equipment with a high priority for replacement. It was desired, further, to specify a required funding to bring the department's equipment pool current. The objectives of the study were accomplished. A procedure for the assignment of priorities for equipment replacement is specified in the body of the report. The funding required to bring all equipment within an optimal operating cost area is estimated to be in the range of 36-42 million dollars.

• Record URL:
  http://www.ltrc.lsu.edu/pdf/2008/fr_329.pdf
• 
• Corporate Authors:

  Louisiana State University, Baton Rouge

  Department of Industrial and Manufacturing Systems Engineering
  Baton Rouge, LA  United States  70803

  Louisiana Transportation Research Center

  4101 Gourrier Avenue
  Baton Rouge, LA  United States  70808

  Federal Highway Administration

  1200 New Jersey Avenue, SE
  Washington, DC  United States  20590
• Authors:
  • Ray, Thomas G
• Publication Date: 1999-10

Language

• English

Media Info

• Media Type: Web
• Features: Appendices; Figures; Tables;
• Pagination: 49p

Subject/Index Terms

• TRT Terms: Costs; Equipment replacement; Financing; Guidelines; Strategic planning
• Identifier Terms: Louisiana Department of Transportation and Development
• Subject Areas: Administration and Management; Finance; Highways; Maintenance and Preservation; Vehicles and Equipment; I10: Economics and Administration; I61: Equipment and Maintenance Methods;

Filing Info

• Accession Number: 01100734
• Record Type: Publication
• Report/Paper Numbers: FHWA/LA.88/329
• Contract Numbers: LTRC Project 98-12SS; State Project 736-99-0577
• Files: TRIS, USDOT
• Created Date: Jun 4 2008 5:18PM