Technical Reports

Railroad Financial Evaluation Model: Description and Computer Program Users' Manual

  • 01
  • Aug
  • 1981
AUTHOR: J. A. Kane, C. E. Waldman
OFFICE: RPD
REPORT NUMBER: FRA/ORD-81/25.II
SUBJECT: Evaluation
KEYWORDS: Discounted Cash Flow, Braking and Coupling Systems, Cost and Benefit Analysis, Freight Cars, Computer Program User's Manual, Railroad Financial Analysis Model
ABSTRACT: This report is part of a larger study to identify potentially cost-effective advanced braking and coupling systems and to prepare a plan for conducting the research and development needed to bring about implementation of these systems. This report describes a model for determining the economic feasibility of implementing advanced braking and coupling systems. First the financial analysis concept of a discounted cash flow is explained. That analysis technique is then adapted for a user-oriented computer model. Several example cases are then presented to demonstrate the actual operation of the model. This study has also resulted in the following reports; "Methodology for Evaluating the Cost and Benefit of Advanced Braking and Coupling Systems" (FRA/ORD-79-57); "Evaluation of the Costs and Benefits of Advanced Braking and Coupling Systems" (FRA/0RD-80/49); "Recommendations for Research and Development on Advanced Braking and Coupling Systems" (FRA/ORD-81/24); "Railroad Yard Simulation Model: Description and Computer Program Users' Manual"(FRA/0RD-81/25.I).

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