A conceptual framework of cost and benefit analysis on airport road access wayfinding

The inclusion of cost and benefit analysis (CBA) on the airport road access wayfinding design is important. Standard CBA was used to determine the additional costs incurred and benefits from airport road access wayfinding development. This concept paper explains the willingness to trade-off between...

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Main Authors: Anuar, Nur Khairiel, Sabar, Rohafiz
Format: Article
Language:English
Published: ExcelingTech Publishers 2018
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/25715/1/IJSCM%207%206%202018%20143%20149.pdf
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author Anuar, Nur Khairiel
Sabar, Rohafiz
author_facet Anuar, Nur Khairiel
Sabar, Rohafiz
author_sort Anuar, Nur Khairiel
collection UUM
description The inclusion of cost and benefit analysis (CBA) on the airport road access wayfinding design is important. Standard CBA was used to determine the additional costs incurred and benefits from airport road access wayfinding development. This concept paper explains the willingness to trade-off between the social benefits and the cost comparison of airport road access wayfinding design. The importance of airport cost and benefit structures and their influence on the decision-making process for the provision of airport road access wayfinding was considered. The key issues were then analysed and presented; costs (i.e. investment, operating, maintenance, and fuel consumption costs); benefits (i.e. travel time, accident reduction savings, and airport road advertising revenue). The CBA is an appropriate technique for the airport road access wayfinding appraisal. It has an explicit normative basis and was performed for the purpose of guidelines of informing airport management and road sign design professionals that the alternative airport road access wayfinding with the largest positive Net Present Value (NPV) and Benefit-Cost Ratio (BCR) exceeding 1.0 would be given primary consideration as the preferred course of action.
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spelling uum-257152019-03-07T06:31:21Z https://repo.uum.edu.my/id/eprint/25715/ A conceptual framework of cost and benefit analysis on airport road access wayfinding Anuar, Nur Khairiel Sabar, Rohafiz QA75 Electronic computers. Computer science The inclusion of cost and benefit analysis (CBA) on the airport road access wayfinding design is important. Standard CBA was used to determine the additional costs incurred and benefits from airport road access wayfinding development. This concept paper explains the willingness to trade-off between the social benefits and the cost comparison of airport road access wayfinding design. The importance of airport cost and benefit structures and their influence on the decision-making process for the provision of airport road access wayfinding was considered. The key issues were then analysed and presented; costs (i.e. investment, operating, maintenance, and fuel consumption costs); benefits (i.e. travel time, accident reduction savings, and airport road advertising revenue). The CBA is an appropriate technique for the airport road access wayfinding appraisal. It has an explicit normative basis and was performed for the purpose of guidelines of informing airport management and road sign design professionals that the alternative airport road access wayfinding with the largest positive Net Present Value (NPV) and Benefit-Cost Ratio (BCR) exceeding 1.0 would be given primary consideration as the preferred course of action. ExcelingTech Publishers 2018 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/25715/1/IJSCM%207%206%202018%20143%20149.pdf Anuar, Nur Khairiel and Sabar, Rohafiz (2018) A conceptual framework of cost and benefit analysis on airport road access wayfinding. International Journal of Supply Chain Management (IJSCM), 7 (6). pp. 143-149. ISSN 2050-7399 http://ojs.excelingtech.co.uk/index.php/IJSCM/article/view/2719
spellingShingle QA75 Electronic computers. Computer science
Anuar, Nur Khairiel
Sabar, Rohafiz
A conceptual framework of cost and benefit analysis on airport road access wayfinding
title A conceptual framework of cost and benefit analysis on airport road access wayfinding
title_full A conceptual framework of cost and benefit analysis on airport road access wayfinding
title_fullStr A conceptual framework of cost and benefit analysis on airport road access wayfinding
title_full_unstemmed A conceptual framework of cost and benefit analysis on airport road access wayfinding
title_short A conceptual framework of cost and benefit analysis on airport road access wayfinding
title_sort conceptual framework of cost and benefit analysis on airport road access wayfinding
topic QA75 Electronic computers. Computer science
url https://repo.uum.edu.my/id/eprint/25715/1/IJSCM%207%206%202018%20143%20149.pdf
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