Optimal Resource Allocation for the Purchase of New Buses and the Rebuilding Of Existing Buses as a Part of a Transit Asset Management Strategy for State DOTs

The purpose of this study is to develop a procedure that can be used by the state departments of transportation (DOTs) to optimally allocate limited capital dollars for the dual purpose of purchasing new buses and for rebuilding existing buses to be used by local transit agencies. The project will develop methodology for optimizing the investment in new buses versus various rehabilitation strategies under budget limitations. The optimization methodology will allow State DOTs to identify a solution that meets minimum fleet size requirements within budgetary constraints. The result of this project will be an allocation procedure that can be incorporated into asset management practices. The project will collect information on the costs and conditions of each alternative strategy (replacement and rehabilitation) and develop optimization criteria that will allow needs to be met using the lower cost options. Several optimization models will be developed and applied to a case study analysis. From this analysis, the most desirable optimization model will be selected.

Language

  • English

Project

  • Status: Completed
  • Funding: $98285.00
  • Contract Numbers:

    MRUTC 02-01

  • Sponsor Organizations:

    Research and Special Programs Administration

    University Research and Education, 400 7th Street, SW
    Washington, DC    20590-

    Wayne State University

    5475 Woodward Avenue
    Detroit, MI  United States  48202

    Midwest Regional University Transportation Center

    University of Wisconsin
    2205 Engineering Hall, 1415 Engineering Drive, Room 272
    Madison, WI  United States  53706
  • Project Managers:

    Bittner, Jason

  • Performing Organizations:

    Wayne State University

    5475 Woodward Avenue
    Detroit, MI  United States  48202
  • Principal Investigators:

    Khasnabis, Snehamay

  • Start Date: 20010901
  • Expected Completion Date: 0
  • Actual Completion Date: 20030100
  • Source Data: RiP Project 7746

Subject/Index Terms

Filing Info

  • Accession Number: 01459261
  • Record Type: Research project
  • Source Agency: Midwest Regional University Transportation Center
  • Contract Numbers: MRUTC 02-01
  • Files: RiP, USDOT
  • Created Date: Jan 3 2013 1:00PM