Journal article
Benefit–Cost Analysis of Maintenance Decision Support System
Transportation research record, Vol.2107(1), pp.95-103
01/2009
Handle:
https://hdl.handle.net/2376/121221
Abstract
The pooled fund study of the Maintenance Decision Support System (MDSS), led by South Dakota and now including 13 state departments of transportation, developed an operational MDSS for winter maintenance. While the MDSS is generally perceived to be beneficial, it is important to determine more formally the tangible benefits and costs associated with its implementation and to determine whether it is a good investment. This paper presents the results of a benefit–cost analysis of the pooled fund MDSS. The development of the analysis method includes the identification of benefits and costs, the definition of base case and alternatives, and the development of a benefit–cost model. A base case (without MDSS) and two other alternatives (with MDSS) are defined for the analysis. The developed method consists of two parallel modules: a baseline data module and a simulation module. Results from a case study applying this method show that the implementation of MDSS brings more benefits than costs.
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Details
- Title
- Benefit–Cost Analysis of Maintenance Decision Support System
- Creators
- Zhirui Ye - Western Transportation Institute, Montana State University, P.O. Box 174250, Bozeman, MT 59717Christopher K Strong - Western Transportation Institute, Montana State University, P.O. Box 174250, Bozeman, MT 59717Xianming Shi - Western Transportation Institute, Montana State University, P.O. Box 174250, Bozeman, MT 59717Steven M Conger - Iteris, Inc., 1471 Shoreline Drive, Suite 135, Boise, ID 83702David L Huft - South Dakota Department of Transportation, 700 East Broadway Avenue, Pierre, SD 57501-2586
- Publication Details
- Transportation research record, Vol.2107(1), pp.95-103
- Academic Unit
- Civil and Environmental Engineering, Department of
- Identifiers
- 99900612856301842
- Language
- English
- Resource Type
- Journal article