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Transit Asset Condition Reporting (2011) / Chapter Skim
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Pages 6-7

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From page 6...
... In contrast, operating and maintenance costs per mile tend to increase as a vehicle ages. When these divergent unit cost trends are combined to produce a total life-cycle cost curve, a minimum unit cost and its corresponding lifetime mileage can be determined and used as the replacement point.
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From page 7...
... It does not estimate impacts of underinvestment on operating costs, service reliability, safety, and passenger usage. SUMMARY The limited availability of literature on this topic suggests that the active use of asset management systems for more than data collection and manipulation of asset inventory data is not common.
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Key Terms

  • transit asset
  • asset condition
  • preventive maintenance
  • decay curves
  • vehicle age

  • maintenance costs
  • lifetime mileage
  • transit assets
  • cost replacement
  • minimum cost

  • asset management
  • booz allen
  • allen hamilton
  • asset inventory


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