A Model to Calculate Delay Savings for Highway Improvement Projects
-
1983-10-01
Details
-
Creators:
-
Corporate Creators:
-
Corporate Contributors:
-
Subject/TRT Terms:
-
Publication/ Report Number:
-
Resource Type:
-
Geographical Coverage:
-
Edition:Interim: September 1982 - September 1983
-
Corporate Publisher:
-
Abstract:This report presents a computerized delay savings model which can be used to calculate the delay savings resulting from an improvement of an existing highway facility. The delay savings come as a result of the increased average speed along the improved facility, which is converted into dollars of delay savings, calculated for each year through a 20-year planning horizon, and discounted to the present. The model also calculates a delay savings ratio, which is the ratio of the total discounted delay savings and the estimated construction cost. The ratio measures the amount of delay savings per dollar construction cost. These delay savings ratios are then ranked, with the highest being first and the others following in order. The cumulative construction cost is also shown so that if a specific budget amount is available, the projects with the highest delay savings ratios within that budget can be identified. The model incorporates recent data concerning the relationship between average speeds and hourly traffic volumes for several facility types. The model provides a quick and simple method to compute delay savings and compare projects on that basis.
-
Format:
-
Funding:
-
Collection(s):
-
Main Document Checksum:urn:sha-512:d57de7a601874d976983f922a6c6fc0b770770a030141836c8e14478291bea839caeee7aae70b122ddb0534ea10a582ec7c9d18f4788c66994a4692aba15e489
-
Download URL:
-
File Type: