SYSTEM SELECTION, BENEFITS, AND FINANCIAL FEASIBILITY OF IMPLEMENTING AN ADVANCED PUBLIC TRANSPORTATION SYSTEM
A procedure for selecting a suitable backbone radio communications system necessary for the implementation of advanced public transportation system technologies is presented. This procedure was used by the Regional Transportation Commission of Clark County, Nevada, in preparation of a radio communications master plan for the Las Vegas Citizens Area Transit system. The procedure recognizes the importance of taking into account not only the relative costs of the alternative candidate systems, but also other important factors such as the degree of system control by the transit agency, confidence in system development and technical practicality, potential for future expansion, and technical simplicity. Several alternative technologies for radio communications are reviewed and evaluated. Selection of the recommended system is based on the procedure that assigns relative weights to the important factors and gives each candidate system a score for each factor. The system with the highest total score is recommended for implementation. Potential system benefits are discussed and financial feasibility of the recommended system is evaluated by computing the annual rate of return on invested capital. Analysis shows that the system can pay for itself and also produce significant net savings in operation and capital costs. Although the analysis considered only potential savings in fleet size, an annual rate of return of over 21% on the invested capital has been shown to be achievable. Such savings can enable transit agencies to provide the same level of service at significantly reduced cost or expand the service without increasing operating costs.
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- Summary URL:
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/isbn/0309064643
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Supplemental Notes:
- This paper appears in Transportation Research Record No. 1618, Transit: Planning, Management, Marketing, New Technology, Capacity, and Quality of Service.
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Corporate Authors:
500 Fifth Street, NW
Washington, DC United States 20001 -
Authors:
- Ohene, F A
- Kaseko, M S
- Publication Date: 1998
Language
- English
Media Info
- Features: Figures; References; Tables;
- Pagination: p. 163-171
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Serial:
- Transportation Research Record
- Issue Number: 1618
- Publisher: Transportation Research Board
- ISSN: 0361-1981
Subject/Index Terms
- TRT Terms: Advanced public transportation systems; Benefits; Communication systems; Financial analysis; Radio; Rate of return; Savings
- Uncontrolled Terms: Selecting
- Geographic Terms: Las Vegas (Nevada)
- Subject Areas: Finance; Highways; Operations and Traffic Management; Planning and Forecasting; Public Transportation;
Filing Info
- Accession Number: 00755080
- Record Type: Publication
- ISBN: 0309064643
- Files: TRIS, TRB, ATRI
- Created Date: Oct 15 1998 12:00AM