On-Time Running

“On-Time Running” – FMWC Stage 3 (2022) & University Championship (Spring 2022)


This is an actual case study that was presented to the participants of both Financial Modeling University Championship (Spring 2022) Round 2 and Financial Modeling World Cup Stage 3.

Case study description:
This case involves comparing the actual running performance of a simple railway with a scheduled timetable running over a period of 3 months, and then calculating the performance penalties owed each month by the railway operator.

The downloadable file consists of the following:
Task: PDF file with Case Materials; PDF file with Questions; Excel file with initial data
Solution: Excel file with full Solution Model; PDF file with correct Answers in Bold