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Title: A RESOURCE ALLOCATION MODEL FOR TRANSPORTATION PLANNING
Accession Number: 00201717
Record Type: Component
Abstract: THE METHODOLOGY DESCRIBED WAS USED IN DEVELOPMENT OF THE INTERIM MASTER PLAN FOR TRANSPORTATION IN PENNSYLVANIA IN THE PERIOD THROUGH 1975. THE RATIONALE FOR DEVELOPMENT OF THIS PLAN IS BASED ON A THREE-STEP APPROACH: (1) DETERMINATION OF GOALS FOR TRANSPORTATION DEVELOPMENT IN THE COMMONWEALTH; (2) IDENTIFICATION OF ALTERNATIVE PROJECTS AND PROGRAMS UNDER DIFFERENT ASSUMPTIONS ABOUT GOAL VALUES AND BUDGET LEVELS; AND (3) SELECTION OF THOSE PROJECTS AND PROGRAMS FOR THE INTERIM MASTER PLAN THAT WERE MOST BENEFICIAL IN TERMS OF GOAL SATISFACTION AND THAT COULD BE PURCHASED WITHIN A SPECIFIED BUDGET LEVEL. THE MOST IMPORTANT FEATURE OF THIS METHODOLOGY IS A COMPUTERIZED RESOURCE ALLOCATION MODEL FOR EVALUATING AND SELECTING PROJECTS ON THE BASIS OF MULTIPLE CRITERIA IN TERMS OF THEIR ANTICIPATED COSTS AND BENEFITS TO MEET A SET OF WEIGHTED GOALS SUBJECT TO OVERALL COST CONSTRAINTS. THE EVALUATION TECHNIQUE REQUIRES AN ESTIMATION FOR EACH PROPOSED PROJECT OF THE OUT-OF-POCKET INVESTMENT COST TO THE STATE, AND THE ANTICIPATED BENEFITS IN EACH OF NINE CATEGORIES. THOSE PROJECTS SELECTED UNDER ALL ASSUMPTIONS ABOUT GOAL VALUES AND BUDGET LEVELS WERE INCLUDED AS THE 'HIGHEST PRIORITY PROJECTS' IN THE INTERIM MASTER PLAN; THOSE SELECTED UNDER SOME GOAL-VALUE AND BUDGET COMBINATIONS, BUT NOT UNDER OTHERS, WERE DEFINED AS 'SECOND-HIGHEST PRIORITY PROJECTS'; AND THOSE PROJECTS RARELY OR NEVER SELECTED UNDER ANY ASSUMPTIONS ABOUT GOAL VALUES OR BUDGET LEVELS WERE CONSIDERED AS 'LOWEST PRIORITY PROJECTS.' /AUTHOR/
Supplemental Notes: Paper sponsored by Committee on Transportation System Evaluation and presented at the 48th Annual Meeting. 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 Title: Monograph Accession #: 01410225
Authors: Bloom, Joel NCassel, ArnoReeves, William RStein, Donald PJohnson, Sue SDiscussers: Murray, Robert H
Pagination: pp 69-81
Publication Date: 1969
Serial: Media Type: Digital/other
Features: Figures
(1)
; References
(17)
; Tables
(5)
TRT Terms: Uncontrolled Terms: Subject Areas: Economics; Highways; Society
Files: TRIS, TRB
Created Date: Nov 24 1994 12:00AM
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