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Title:

ECONOMIC FEASIBILITY OF EXCLUSIVE VEHICLE FACILITIES

Accession Number:

00621766

Record Type:

Component

Availability:

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Order URL: http://worldcat.org/isbn/0309051150

Abstract:

A microcomputer program called "exclusive vehicle facilities" (EVFS) that determines the economic feasibility of separating light vehicles from heavy vehicles on a given section of controlled-access highway by designating existing lanes and constructing new lanes to be used exclusively by light or heavy vehicles is described. On the basis of user inputs to a spreadsheet user interface, EVFS calculates the net present value, benefit-cost ratio, and other performance measures of the alternative exclusive vehicle facility specified. The three possible lane use policies allowed within EVFS are mixed-, light-, and heavy-vehicle lanes. EVFS accounts for the following potential benefits or cost savings both for person and for freight travel: (a) travel time savings; (b) vehicle operating cost savings; (c) accident cost savings (fatalities, injuries, and property damage), because of less severe accidents by separating light and heavy vehicles; and (d) queuing delay savings because of fewer accidents causing blockages. EVFS also accounts for the following project costs: (a) initial construction costs, (b) initial right-of-way acquisition and demolition costs, and (c) periodic pavement resurfacing costs, which may be less frequent and less costly for light-vehicle lanes. EVFS is designed to evaluate any of the following five cases: (a) do nothing; (b) designate existing lanes for mixed, light, and heavy vehicles; (c) add mixed-vehicle lanes (no special lane use restrictions); (d) add non-barrier-separated lanes and designate new and existing lanes for mixed, light, and heavy vehicles; and (e) add barrier-separated lanes and designate new and existing lanes for mixed, light, and heavy vehicles. An example indicates that exclusive vehicle facilities are most warranted for congested urban highways with significant percentages of single-unit and combination trucks in the traffic stream.

Supplemental Notes:

This paper appears in Transportation Research Record No. 1305, Finance, Planning, Programming, Economic Analysis, and Land Development 1991. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved

Monograph Accession #:

01407150

Authors:

Janson, Bruce N
Rathi, Anju

Pagination:

p. 201-214

Publication Date:

1991

Serial:

Transportation Research Record

Issue Number: 1305
Publisher: Transportation Research Board
ISSN: 0361-1981

ISBN:

0309051150

Features:

Figures (2) ; References (24) ; Tables (11)

Subject Areas:

Construction; Economics; Finance; Highways; Motor Carriers; Planning and Forecasting; Safety and Human Factors; Society; I10: Economics and Administration; I72: Traffic and Transport Planning

Files:

TRIS, TRB, ATRI

Created Date:

Apr 30 1992 12:00AM

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