LIFE CYCLE COSTING: A KEY TO FREIGHT CAR COMPONENT EVALUATION
The cost of repairing and replacing freight car components represents a very sizeable expenditure for the railroad industry. Of major concern to the railroad industry are the "costs" associated with various components. These costs include not only the direct costs of procuring and servicing such components but also related costs such as occur in derailments, train delays, and train handling mishaps. Phase II of the International Government-Industry Research Program on Track Train Dynamics is concerned with improving freight train performance and operating safety through the development of performance specifications and design guidelines for car components. If this activity is to be effective, it is essential that present and potential costs of component ownership be thoroughly evaluated. The authors have pursued this end through the development of a life Cycle Cost Model. Once necessary data sources are developed, this model will be used to evaluate research and implementation strategies for the program.
- Contributed by the Rail Transportation Division of the American Society of Mechanical Engineers for presentation at the IEEE-ASME Joint Railroad Conference, San Francisco, California, April 15-17, 1975.
American Society of Mechanical EngineersTwo Park Avenue
New York, NY USA 10016-5990
- Byers, R H
- Hawthorne, K L
- Publication Date: 1975-4
- Features: Appendices; Figures;
- Pagination: 9 p.
- TRT Terms: Analysis; Cost effectiveness; Costs; Economic analysis; Freight cars; Information processing; Life cycle costing; Mathematical models; Vehicle design
- Uncontrolled Terms: Cost analysis
- Old TRIS Terms: Analytical techniques; Car component design; Computer analysis; Freight car component performance; Freight car components
- Subject Areas: Design; Economics; Finance; Railroads;
- Accession Number: 00095221
- Record Type: Publication
- Source Agency: American Society of Mechanical Engineers
- Report/Paper Numbers: 75-RT-9
- Files: TRIS
- Created Date: Jul 2 1976 12:00AM