encyclopedia

CAPACITY

The highest possible (reliable) transmission speed that can be carried on a channel, circuit or piece of equipment. Capacity may be expressed in raw speed or net throughput.

CAPACITY RESTRAINT TRIP ASSIGNMENT

An iterative process by which the volume allocated to a route is compared with the capacity of that route and the speed of the route is adjusted accordingly to reflect its characteristics of speed, volume, and density. New minimum time…

CAPITAL ASSET

The acquisition of property, facility, or equipment whose cost exceeds $5,000 per unit. Capital costs include installation, delivery cost, staff training, sales and use taxes, and general and administrative overhead costs.

CAPITAL ASSISTANCE

Financial assistance for transit capital expenses (not operating costs); such aid may originate with federal, local or state governments. (APTA)

CAPITAL BUDGET

The annual approved allocation of funding for capital projects, including infrastructure rebuilding and replacement of equipment and facilities.

CAPITAL COSTS

Nonrecurring or infrequently recurring of long-term assets, such as land, guideways, stations, buildings, and vehicles. These costs often include related expenses, for example, depreciation and property taxes.

CAPITAL EQUIPMENT

Equipment having a useful life of at least one (1) year, which costs a minimum of $5,000.

CAPITAL EXPENDITURE

The acquisition of property, facility, or equipment whose cost exceeds $5,000 including installation, delivery cost, staff training sales and costs. All costs are capitalized prior to revenue service.