Economic life cycle of the bus fleet: a case study Online publication date: Thu, 20-Dec-2018
by Hugo Raposo; José Torres Farinha; Luís Ferreira; Filipe Didelet
International Journal of Heavy Vehicle Systems (IJHVS), Vol. 26, No. 1, 2019
Abstract: The purpose of the paper is to discuss the application of econometric models to life-cycle cost (LCC) of an urban bus fleet with an emphasis on the maintenance costs. The practical results are compared with theoretical ones, which represent a good maintenance and functioning management. The influence of inflation ratio, as well as the price of fuel in the withdrawal time are evaluated. The paper analyses if there is a variation at the time of the vehicle replacement, obtained from several econometric methods namely the annual uniform income and minimisation of the average total cost with reduction to the present value. It also emphasises an eventual relation between the maintenance policy and the reserve fleet, and the relation between maintenance performance and time replacement of bus fleet. Finally, the paper analyses differences between replacement simulations from theoretical econometric models and the same ones applied to real data.
Online publication date: Thu, 20-Dec-2018
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Heavy Vehicle Systems (IJHVS):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email email@example.com