This paper describes a dynamic simulation technique for determining costs associated with the use of a component by an economic system. The cost simulation technique is presented with respect to the annual operating cost (i.e., acquisition and maintenance cost) of railroad freight car roller bearings. The three basic pieces of the technique-- schematic diagram, computer program, and data--are discussed for this roller bearing case. A first version of the technique is described: consequently, the paper does not attempt to present the most realistic representation of roller bearing usage or to give the most accurate roller bearing data. Rather the paper illustrates the use and potential of the technique and the information which it can produce. This information includes component-associated costs and system behavior, cost sensitivities, cost benefits, and time-trend predictions.

  • Supplemental Notes:
    • Contributed by the Rail Transportation Division of the ASME for presentation at the Joint ASME-IEEE Railroad Conference held in Washington, D.C., March 30-April 1, 1977. The cost analysis model described in the paper was developed under sponsorship of DOT, through the Transportation Systems Center.
  • Corporate Authors:

    American Society of Mechanical Engineers

    Two Park Avenue
    New York, NY  United States  10016-5990
  • Authors:
    • Krauter, A I
    • Waldron, W D
  • Publication Date: 1977-3-30

Media Info

  • Features: Figures; References; Tables;
  • Pagination: 9 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00152428
  • Record Type: Publication
  • Source Agency: American Society of Mechanical Engineers
  • Report/Paper Numbers: Paper 77-RT-7 Conf Paper
  • Contract Numbers: DOT-TSC-917(4)
  • Files: TRIS
  • Created Date: May 11 1977 12:00AM