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/

Media Info

  • Media Type: Print
  • Features: Figures; References; Tables;
  • Pagination: pp 48-57
  • Monograph Title: Planning and programming for transportation
  • Serial:

Subject/Index Terms

Filing Info

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