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It is essential to realize that the government is funding a business that is not generating profits due to the inefficiency of the company management. The annual grant giving to the company is the taxpayer money that needs to be diverted into other useful venture. The Amtrak Company could generate net profits without the assistance of the Federal government if the company is being run by competent people. Recent report by New York Times reveals that Amtrak is losing $80 Million annually on food sales. "It's an outrageous cost to taxpayers," (2). These are part of the activities where the company is losing money making the company to run at a loss yearly. Amtrak's management needs to be replaced with people skilled in management practice to make the company to generate profitability and achieve annual growth.
Why other could be interested
Other people will be interested in this project because Amtrak is for-profit...
When comparing Amtrak with other private rail companies, Amtrak is not generating profits despite the government assistance. However, other private rail companies are recording high net profits without the federal government funding assistance. This issue has shown that Amtrak does not have established goals to reduce costs. Based on the general problem facing Amtrak Company, which is leading to the use of taxpayer money to support the company without solution, many people, will be interested in this project because the project attempts to evaluate the problem and come out with the solutions to the problems.
Works Cited
Amtrak. Amtrak Annual Report 2011. Amtrak Rail System. USA. 2011.
House of Representatives. Management of Amtrak systemic problems require actions to improve efficiency, effectiveness,…
Works Cited
Amtrak. Amtrak Annual Report 2011. Amtrak Rail System. USA. 2011.
House of Representatives. Management of Amtrak systemic problems require actions to improve efficiency, effectiveness, and accountability: report to the Chairman, Committee on Transportation and Infrastructure. DIANE Publishing. USA. 2007.
York Times. Amtrak Losing Millions Each Year on Food Sales. Published: August 2, 2012.
To provide the number of constraints and variables, the paper provides the study of Amtrak rail system between Delaware, and New Jersey. The entire datasets held with the 99 trains are 42 tracks and 43 nodes. The datasets gives a problem of 220,000 variables and 380,000 constraints. With available constraints and variables, the paper uses all possibilities to solve the problems using the algorithms. To arrive at the solution to
Table 1. Locomotive Routing Algorithm Performance SNo Mean tonnage Locomotive Planning Problem Routing Problem Difference in cost Cost ($) # of locos Cost ($) # of locos # of infeasibilities Solution Time 1 5,700 6,068,767 1,520 6,192,415 1,566 0 3 m 41 s 2.04 2 6,080 6,444,686 1,591 6,565,983 1,632 0 4 m 07 s 1.88 3 6,460 6,861,699 1,646 6,982,995 1,687 0 3 m 59 s 1.76 4 6,840 7,161,102 1,683 7,317,678 1,733 0 4 m 20 s 1.76 5 7,220 7,598,937 1,688 7,755,512 1,738 0 4 m 07 s 2.06 6 7,600 8,025,096 1,738 8,184,696 1,785 0 4 m 07 s 1.99 7 7,980 8,501,004 1,717 8,687,484 1,774 0 4 m 07 s 2.19 The results of the sensitivity analysis as being revealed in Table 1 show that Amtrak Rail will be able to achieve a fueling and servicing with less than 2.2% increase in the locomotive
79). Not everyone is of a like mind when it comes to the potential benefits of magnetic levitation technologies, though. While research into maglev train technologies has been underway in the United States since the mid-1960s following the passage of the High Speed Ground Transportation Act of 1965, but much of the interest was limited to paper studies based on the perceived constraints involved in deploying maglev technologies (Uher, 1999).