Development of an Automatic System for Feasibility Studies on Transport Investment
Jin Ki Eom, Kwang Sub Lee, Jun Lee and Dae Seop Moon
International Journal of Railway, vol. 5, no. 4, pp.144-147, 2012
Abstract : New transport technologies have been rapidly developed and various transport systems are ready to introduce. However,
there no exists effective decision making tools for pre-feasibility studies on transport systems. The pre-feasibility studies
should provide reliable solutions about whether a certain transport system is feasible or not by cost-benefit analysis and
effectiveness test of enhancing regional economy. This study introduces the smart transport investment/information system
(SMARTIS) for supporting decision making with ease, fast and reliable methods. The SMARTIS incorporates travel
demand estimates into the process of feasibility studies with automatic data processing methods to give reliable solutions
quickly. The SMARTIS is expected to be informative for transit agencies, planners, and operators.
Keyword : Feasibility study, Travel demand, Benefit/Cost, User Interface |