An optimization system is provided for a braking schedule of a powered system traveling along a route. The braking schedule is based on at least one predetermined characteristic of the powered system and is configured to be enacted in a braking region along the route. The optimization system includes a sensor configured to measure a parameter related to the operation of the powered system. Additionally, the system includes a processor coupled to the sensor, to receive parameter data. The processor compares the measured parameter with an expected parameter, which is based on the at least one predetermined characteristic of the powered system. The processor adjusts the at least one predetermined characteristic based on the comparison, and adjusts the braking schedule based on the adjustment to the at least one predetermined characteristic. A method is also provided for optimizing a braking schedule of a powered system traveling along a route.