VTI Economics

VTI Economics

Lead: Wesley Thomas, Sentient Science

Description: Develop methodologies to enable railroads, suppliers and researchers to develop fair and unbiased quantifications of the economic savings or benefits associated with a research, technology or process investment.​

Status: Ongoing. ​

• Users: 32 total railroads, service providers, and universities
• New Features: Switch and Crossing (S&C) Grinding Added in September 2021
• Case Study: Bay Area Rapid Transit (BART) used the VTI Economics Model to present the cost savings of their wheel life extension initiative to their Board of Directors. https://www.railjournal.com/in_depth/research-identifies-corrective-measures-rcf
• Next Review: ICRI Workshop 2022, Ottawa, Ontario, April 26^th 2022

Last review: 15SEPT2021 at ICRI Webinar. See Presentation in Downloads.

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