Optimizing railway capacity planning: A decision support tool

Research output: Contribution to conferencePaper

Abstract

Railways around the world are facing capacity constraints due to the considerable future demand. In North America, the traffic is projected to increase 88% by 2035. It is clear that network capacity must be increased, but the question is how to allocate capital in the best possible way. In this research, we demonstrate a decision support tool to determine how to optimize the allocation of capital investment for capacity expansion projects. Such a tool will help railroads maximize their return from capacity expansion and thus be better able to provide reliable service to their customers, and return on shareholder investment.

Original languageEnglish (US)
Pages933-940
Number of pages8
StatePublished - Dec 1 2009
Event9th International Heavy Haul Association Conference: Heavy Haul and Innovation Development, IHHA 2009 - Shanghai, China
Duration: Jun 22 2009Jun 25 2009

Other

Other9th International Heavy Haul Association Conference: Heavy Haul and Innovation Development, IHHA 2009
CountryChina
CityShanghai
Period6/22/096/25/09

Keywords

  • Capacity planning
  • Decision support tool
  • Railway

ASJC Scopus subject areas

  • Management of Technology and Innovation

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  • Cite this

    Lai, Y., & Barkan, C. P. L. (2009). Optimizing railway capacity planning: A decision support tool. 933-940. Paper presented at 9th International Heavy Haul Association Conference: Heavy Haul and Innovation Development, IHHA 2009, Shanghai, China.