VEHICLE REPLACEMENT POLICY IN A PUBLIC SECTOR TRANSPORT UNDERTAKING- A CASE STUDY OF APSRTC
Journal Title: IJAR-Indian Journal of Applied Research - Year 2017, Vol 7, Issue 12
Abstract
Public transport undertakings like APSRTC is facing competition compelling to provide the passenger transport services to the citizens of state at competitive prices with reasonable good quality of services. Bus replacement policy is a vital and strategic decision for any fleet owning organisations. In a passenger public transport organisation like APSRTC economical operation of services is a part of the corporation objectives. To meet this part of the corporation objective, fleet replacement at the age /time which meets economic objective plays a vital role for not only cost, but also quality services to passengers, thereby maximising the passenger traffic revenue. In this context, to find out the economical age of a bus, in terms of total kilometers operated from the date of its commencement, at which the bus has to be scraped/replaced with new bus, with minimum total running cost keeping the existing system of maintenance standards and operating conditions in view. The replacement study is made based on Operations research technique.
Authors and Affiliations
Pulipati Seshagiri Rao
Keywords
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