A STUDY OF THE COSTS AND BENEFITS ASSOCIATED WITH AVM
Automatic Vehicle Monitoring (AVM) systems provide an information gathering and processing tool for the centralized management and control of urban vehicles. The potential benefits of AVM, namely, increased efficiency and productivity of transit operations, have led UMTA and the Transportation Systems Center (TSC) to explore the technical, operational, and economic feasibility of AVM. This study addresses AVM utilization by bus, police, and taxi operators, and by a cost sharing multiple user fleet. This benefit cost analysis looks beyond field experimentation and focuses on the probable costs and achievable benefits of an AVM system fully deployed in a major metropolitan area. The core of this analysis is a newly developed computerized benefit-cost accounting model. A literature review and AVM-related experience in the U.S., Europe, and Canada have been integrated with research at TSC to develop this cost-benefit model. This model calculates the total life cost of alternative AVM location systems, then determines the dollar value of cost reduction benefits made possible through use of AVM's real-time position location information. AVM payoffs and the sensitivity of the payoffs to the dimensions of the model and the base case fleets are also discussed. This cost-benefit study as a whole analyzes the probable achievability and value of the stated claims. The Appendices contain Base Case Data Inputs, User's Manual for Benefit Cost Model, and Input-Output Formats.
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- Sponsored by DOT, Urban Mass Transportation Administration.
Transportation Systems Center55 Broadway, Kendall Square
Cambridge, MA United States 02142
- Reed, H D
- Roos, M
- Wolfe, M
- DiGregorio, R
- Publication Date: 1977-2
- Pagination: 258 p.
- TRT Terms: Accounting; Automatic vehicle monitoring; Benefit cost analysis; Buses; Computer programs; Life cycle analysis; Mathematical models; Police; Real time control; Taxicabs; Urban areas
- Uncontrolled Terms: Models
- Old TRIS Terms: Real-time systems
- Subject Areas: Finance; Highways; Operations and Traffic Management; Public Transportation; Security and Emergencies;
- Accession Number: 00158053
- Record Type: Publication
- Source Agency: Urban Mass Transportation Administration
- ISBN: MA-06-0041
- Report/Paper Numbers: UMTA-MA-06-0041-77-1Final Rpt.
- Contract Numbers: UM711/R7716
- Files: NTIS, TRIS, USDOT
- Created Date: Oct 13 1981 12:00AM