Determining the Moral Depreciation Function of Railway Vehicles in Market Economy Conditions: A Review

Authors

  • Koçi Doraci Polytechnic University of Tirana, Mother Tereza Square 4, 1001, Tirana, Albania *Corresponding Author
  • Leonard Çomeni Polytechnic University of Tirana, Mother Tereza Square 4, 1001, Tirana, Albania
  • Erjon Selmani Polytechnic University of Tirana, Mother Tereza Square 4, 1001, Tirana, Albania

DOI:

https://doi.org/10.56345/ijrdv9n4s210

Keywords:

Market economy relations, moral consumption of railway rolling stock, appraised object, analog object, cash flows

Abstract

In this paper we have studied the necessity of determining the moral consumption (obsolescence) of wagons and locomotives in the conditions of market economy. In this case it has resulted that moral consumption should be determined by comparing the actual value of cash flows related to the operation of the object to be evaluated and the new analog object, for their term service. For this purpose we have determined the factors that affect the obsolescence of locomotives for freight transport. In the paper mathematical models has been employed and combined to arise to an equation able to determine the moral depreciation.

 

Received: 20 September 2022 / Accepted: 22 November 2022 / Published: 20 December 2022

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Published

2022-12-20

How to Cite

Doraci, K., Çomeni, L., & Selmani, E. (2022). Determining the Moral Depreciation Function of Railway Vehicles in Market Economy Conditions: A Review. Interdisciplinary Journal of Research and Development, 9(4. S2), 63. https://doi.org/10.56345/ijrdv9n4s210

Issue

Vol. 9 No. 4. S2 (2022): December 2022 - Special Issue

Section

Articles

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Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.