Life cycle costs for railway condition monitoring

Fausto Pedro García Márquez, Richard W. Lewis, Andrew M. Tobias and Clive Roberts

Transportation Research Part E: Logistics and Transportation Review, 2008, vol. 44, issue 6, 1175-1187

Abstract: The European Commission has estimated that by 2020 passenger traffic will double and freight traffic will triple compared with current volumes. Over the same period a reduction of 30% in the life cycle costs (LCC) of trackside assets is desired. Remote condition monitoring (RCM) can help to achieve increases in Reliability, Availability, Maintainability and Safety (RAMS) of trackside assets such as points (switches) and level crossings. Nonetheless, the application of a LCC model to RCM has hitherto been overlooked. Using a real case study, the objective of this paper is to illustrate how the cost-benefit of RCM can be evaluated.

Keywords: Life; cycle; cost; Condition; monitoring; system; Point; mechanisms (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1366554508000124
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:transe:v:44:y:2008:i:6:p:1175-1187

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600244/bibliographic
http://www.elsevier. ... 600244/bibliographic

Access Statistics for this article

Transportation Research Part E: Logistics and Transportation Review is currently edited by W. Talley

More articles in Transportation Research Part E: Logistics and Transportation Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().