AbstractLife cycle cost (LCC) calculation for railway condition monitoring is important to identify and measure benefits to be obtained when condition monitoring is applied to railway system and is achieved in [Marquez, G.F.P., Lewis, W.R., Tobias, M.A., Roberts, C., 2008. Life cycle cost for railway condition monitoring. Transportation Research Part E 44 (6), 1175–1187]. In this paper, the formula presented in [Marquez, G.F.P., Lewis, W.R., Tobias, M.A., Roberts, C., 2008. Life cycle cost for railway condition monitoring. Transportation Research Part E 44 (6), 1175–1187] for savings in penalty cost is rephrased and its extraction from probability theory is presented. In addition, one of the terms used in the formula is redefined and its formulation is updated. Thus, the mathematical base of the LCC calculation is enhanced with updates presented in the paper.


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    Title :

    A note to life cycle cost for railway condition monitoring


    Contributors:


    Publication date :

    2008-10-13


    Size :

    3 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English






    Life cycle costs for railway condition monitoring

    García Márquez, Fausto Pedro / Lewis, Richard W. / Tobias, Andrew M. et al. | Elsevier | 2007


    Life cycle costs for railway condition monitoring

    García Márquez, Fausto Pedro | Online Contents | 2008


    Life cycle costs for railway condition monitoring

    García Márquez, Fausto Pedro | Online Contents | 2008