EconPapers    
Economics at your fingertips  
 

A quantitative approach for the long-term assessment of Railway Rapid Transit network construction or expansion projects

David Canca, José Luis Andrade-Pineda, Alicia De-Los-Santos and Pedro Luis González-R

European Journal of Operational Research, 2021, vol. 294, issue 2, 604-621

Abstract: One of the main issues to address in the analysis of a public railway rapid transit network construction project is the assessment of expected revenue and cost. On a network topology already defined, the problem considered in this paper consists on finding the construction schedule that maximizes the project long-term net profit, not only deciding on the construction schedule and the network operation but also determining the subsidy to compensate the service operator along the considered long-term planning horizon. Aiming at early attending the demand of citizens, partial pieces of the constructed lines are put into service as soon as they were finished. Hence, in order to determine a subsidy to compensate service operators from a possible non-profitable network operation, it is necessary to measure the variable operation costs that emerge along with the progressive enlargement of a connected network. Further, the problem can be viewed as a particular case of a multiple resource-constrained scheduling problem, where both, the budget and the construction equipment availability act as limiting resources. We propose a non-linear mixed integer programming model which is fully linearized and solved by using a two-phase branch-and-cut procedure. We illustrate the proposed methodology within a real case, the Metro network project of the city of Seville.

Keywords: Transportation; Project scheduling; Railway Rapid Transit; Network construction; Resource-constrained scheduling (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0377221721001119
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:294:y:2021:i:2:p:604-621

DOI: 10.1016/j.ejor.2021.02.018

Access Statistics for this article

European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati

More articles in European Journal of Operational Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:ejores:v:294:y:2021:i:2:p:604-621