The transport planners of City Y wish to introduce a major new public transport system to the city center district. The transportation planners are provided with 3 alternatives: Rapid Bus Transit (RBT), Light Rail transit (LRT), and Express Train Transit (ET), and there is an existing baseline transport system. The expected lifetime is 34 years and the MARR is 9%. Find the best alternative using the cost-effectiveness analysis. Baseline RBT LRT ETT Total cost (includes initial and operating cost) 12,700,000 37,500,000 110,000,000 15,000,000 CRF - (A/P,9%,35) is 0.095077 Annual passenger use 1,090, 000 3,000,000 9,000,000 14,250,000

Traffic and Highway Engineering
5th Edition
ISBN:9781305156241
Author:Garber, Nicholas J.
Publisher:Garber, Nicholas J.
Chapter13: Evaluating Transportation Alternatives
Section: Chapter Questions
Problem 21P
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Cost-Effectiveness Analysis Exercise
The transport planners of City Y wish to introduce a major new public transport
system to the city center district. The transportation planners are provided with 3
alternatives: Rapid Bus Transit (RBT), Light Rail transit (LRT), and Express
Train Transit (ET), and there is an existing baseline transport system. The
expected lifetime is 34 years and the MARR is 9%. Find the best alternative using
the cost-effectiveness analysis.
Baseline
RBT
LRT
ETT
Total cost
(includes initial
and operating
cost)
12,700,000
37,500,000
110,000,000
15,000,000
CRF - (A/P,9%,35) is 0.095077
Annual
passenger use
1,090, 000
3,000,000
9,000,000
14,250,000
Transcribed Image Text:Cost-Effectiveness Analysis Exercise The transport planners of City Y wish to introduce a major new public transport system to the city center district. The transportation planners are provided with 3 alternatives: Rapid Bus Transit (RBT), Light Rail transit (LRT), and Express Train Transit (ET), and there is an existing baseline transport system. The expected lifetime is 34 years and the MARR is 9%. Find the best alternative using the cost-effectiveness analysis. Baseline RBT LRT ETT Total cost (includes initial and operating cost) 12,700,000 37,500,000 110,000,000 15,000,000 CRF - (A/P,9%,35) is 0.095077 Annual passenger use 1,090, 000 3,000,000 9,000,000 14,250,000
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