Green and economic fleet replacement modeling : part I.
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2011-10-01
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Abstract:"The purpose of this study was to gain a better understanding of how equipment replacement decisions are supported with data collection and ; quantitative models at state DOTs, and to determine if models found in the research literature offer any better decision support when applied to ; realistic fleet usage and cost data. This study also addressed the current state of equipment replacement at state DOTs with respect to using ; measurable “green” criteria in replacement decisions, and the development of new quantitative replacement models utilizing such criteria. ; The responses from 25 state DOTs indicates that there is little consistency in the criteria used by state DOTs to support replacement decisions ; and the way that these criteria are used. There are also no measurable “green” criteria utilized. However, most state DOTs maintain an ; information system where cost and usage data is recorded, stored, and utilized as part of the replacement process. To investigate if a particular ; modeling approach offers better performance than the variety of approaches used in practice, a simulation study was conducted. Simulation ; models were used to evaluate the effectiveness of replacement models for prioritizing equipment replacement. The models evaluated come from ; the research literature and were compared to a simple replacement model that is similar to those used by state DOTs. Results indicate that the ; simple models used in practice provide similar results to the best model from the research literature."
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Main Document Checksum:urn:sha-512:253340067f11c555fe7e538c0b26e6552ae80f3c3330d0db37261315d5f903aa1209c49a90eb3c834ecc2e364b0a3d733f739a7ed654d53405937d6148f690b5