Optimising the Economic Feasibility of High-Speed Maglev Systems: A Simulation-Based Approach for Variable and Parameter Analysis

This study introduces an advanced software platform and process for the quantitative national economic evaluation of high-speed maglev systems, overcoming limitations of traditional methods through parameter variation experiments and automated solution search. Utilising the adapted German standardised evaluation, this research demonstrates how integrated modelling, evaluation and optimisation software can deeply analyse the impact of various variables and parameters on economic outcomes. By employing an optimisation algorithm, the software not only determines critical evaluation parameters to ensure benefits exceed costs but also deduces optimised model variables. The macroeconomic benefit-cost ratio guides the optimal design concept, with the research finding a critical value for ensuring economic feasibility. The proposed solution achieves a 22% improvement in this ratio (1.106 vs. 0.909) compared to the existing Hefei-Wuhu route, highlighting its potential for large-scale maglev implementation. Future development directions include integration with micro-simulation systems, support for random behaviour, sensitivity analysis, data-driven machine learning and enhanced user interface design for broader applicability. The findings underscore the software’s capability to provide robust, data-driven insights for economic feasibility studies of high-speed maglev systems, presenting a significant step forward in infrastructure project evaluation.

Authors

Institutions

Publication Details

Journal
PROMET - Traffic&Transportation
Published
2024-10-31
DOI
https://doi.org/10.7307/ptt.v36i5.571
Primary Topic
Magnetic Bearings and Levitation Dynamics
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Optimising the Economic Feasibility of High-Speed Maglev Systems: A Simulation-Based Approach for Variable and Parameter Analysis

Yong Cui, Ullrich Martin, Qing Yu
PROMET - Traffic&Transportation
Magnetic Bearings and Levitation Dynamics
article

Optimising the Economic Feasibility of High-Speed Maglev Systems: A Simulation-Based Approach for Variable and Parameter Analysis

Yong Cui, Ullrich Martin, Qing Yu
article en

Abstract

This study introduces an advanced software platform and process for the quantitative national economic evaluation of high-speed maglev systems, overcoming limitations of traditional methods through parameter variation experiments and automated solution search. Utilising the adapted German standardised evaluation, this research demonstrates how integrated modelling, evaluation and optimisation software can deeply analyse the impact of various variables and parameters on economic outcomes. By employing an optimisation algorithm, the software not only determines critical evaluation parameters to ensure benefits exceed costs but also deduces optimised model variables. The macroeconomic benefit-cost ratio guides the optimal design concept, with the research finding a critical value for ensuring economic feasibility. The proposed solution achieves a 22% improvement in this ratio (1.106 vs. 0.909) compared to the existing Hefei-Wuhu route, highlighting its potential for large-scale maglev implementation. Future development directions include integration with micro-simulation systems, support for random behaviour, sensitivity analysis, data-driven machine learning and enhanced user interface design for broader applicability. The findings underscore the software’s capability to provide robust, data-driven insights for economic feasibility studies of high-speed maglev systems, presenting a significant step forward in infrastructure project evaluation.

PROMET - Traffic&TransportationVol. 36(5)
University of Stuttgart (DE), Hefei University of Technology (CN), Technische Universität Darmstadt (DE), Hefei University (CN)
Industry, innovation and infrastructure
Openalex Percentile: Top 78%
Magnetic Bearings and Levitation Dynamics
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

Optimising the Economic Feasibility of High-Speed Maglev Systems: A Simulation-Based Approach for Variable and Parameter Analysis — Yong Cui, Ullrich Martin, et al. · PROMET - Traffic&Transportation (2024) | TGRS Research Map | TGRS