Cost and Benefit of E - Speed Supervisor In Express Bus
Author:
Sidek Shafie,Manickiam Neelamehan,Ismail Kamarulzaman,Hamzah Jantan Amer
Abstract
Electronic Speed Supervisor, a device that discloses the real-time speed of express bus to passengers is proposed for express bus to solve both intentional speed violation and faulty engine speed limiter. Ex-ante cost-benefit analysis is carried out to assist managers in making decision between alternatives; (1) investment of RM3,000 per bus with monthly maintenance of RM100 per bus, (2) monthly rental and maintenance of RM300 per bus. Additional fare of 50cents per passenger is charged to gain revenue. alternative (1) is found to produce a better net present value, NPV and benefit cost ratio, BCR.
Funder
Universiti Putra Malaysia
Publisher
Association for Information Communication Technology Education and Science (UIKTEN)
Subject
Management of Technology and Innovation,Information Systems and Management,Strategy and Management,Education,Information Systems,Computer Science (miscellaneous)