RAILONOMICS--Determining Investment Strategies for Railway Signalling through Simulation

This paper will discuss how the economical effect of an investment strategy in railway signaling is defined by the costs and revenues generated by the chosen system over its lifetime. While the cost positions relevant for an infrastructure manager can all be expressed in the performance figure Life Cycle Costs (LCC), only part of the revenue positions can be expressed monetarily. Therefore, it is necessary to also include non-monetary revenue positions when deciding on which railway signaling system to choose. Since most of the cost and revenue positions are closely linked to the system operation, the idea of using information from railway operation simulation software has been evolved. The Institute of Transportation Systems has therefore implemented a software link between the simulation software RailSy® and a new developed Cost-Benefit-Tool. With the latter the relevant life cycle cost and revenue positions of the evaluated signaling system and scenario can be captured, calculated and analyzed. This simulation-based evaluation of investment strategies for railway signaling is part of the RAILONOMICS® concept. RAILONOMICS® enables infrastructure managers to develop efficient investment and maintenance strategies in a structured manner.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/9781845641269
• Corporate Authors:

  WIT Press

  Ashurst Lodge
  Ashurst, Southampton  United Kingdom  SO40 7AA
• Authors:
  • Beck, K
  • Scheier, B
  • Jager, B
• Conference:
  • Eleventh International Conference on Computer System Design and Operation in the Railway and Other Transit Systems (COMPRAIL08)
  • Location: Toledo , Spain
  • Date: 2008-9-15 to 2008-9-17
• Publication Date: 2008

Language

• English

Media Info

• Media Type: Print
• Features: Figures; References; Tables;
• Pagination: pp 65-74
• Monograph Title: Computers in Railways XI. Computer System Design and Operation in the Railway and other Transit Systems

Subject/Index Terms

• TRT Terms: Decision support systems; Economics; Investments; Life cycle costing; Railroad signaling; Railroad simulators; Railroad traffic control; Railroad transportation; Train operations
• Subject Areas: Economics; Finance; Operations and Traffic Management; Railroads;

Filing Info

• Accession Number: 01114095
• Record Type: Publication
• ISBN: 9781845641269
• Files: TRIS
• Created Date: Oct 30 2008 6:53AM