Subjects addressed:Life Cycle Costing/Economic Analysis, Maintenance and Preservation, Resource Allocation and Program Development
Topics addressed:Analytical Tools and Models
Asset types addressed:Transit
DetailTitle: Preserving an Aging Transit Fleet: Optimal Resource Allocation Perspective Based on Service Life and Constrained Budget
Resource type: Research Report
Year published: 2013
Publisher: 2013 TRB Annual Meeting
A study in which the Net Present Cost (NPC) model was produced to demonstrate methods for preserving an aging transit fleet. The model was designed to assist transit agencies as they allocate limited resources to repair and replace aging assets.