Presentation of the practical exercise on traffic forecasting
|
|
- Toby Miles
- 5 years ago
- Views:
Transcription
1 Presentation of the practical exercise on traffic forecasting During this session you are going to be assigned a task aimed at making you more familiar with traffic forecasting for High Speed Rail lines. Task A High Speed Line (HSL) is planned between two cities Azurcity (A) and reducing travel time by 60 minutes. Bluecity (B) You are in charge of assessing the viability of this project for AMRAIL, the company which is promoting it. A first step for the profitability assessment is the traffic forecast. This is what you are going to carry out now. You have to go through the following 5-stage process. The Excel worksheet corresponding to each stage is given between brackets. Stage 1: Understanding of the present position of conventional rail on the rail + air market ( Price-Time Model) For this purpose you need to find the appropriate distribution function for the time value of people travelling in the AB corridor. Stage 2: Understanding the present rail demand ( Gravity Model Calibration) This stage aims at estimating 2 parameters: rail travellers value of time and generalized cost elasticity Stage 3: Forecasting the new rail market share on the rail + air market ( Model Application) Price-Time Based on the distribution functionn found in stage 1, you will use the mathematical Price-Time model to forecast the new rail market share. Stage 4: Forecasting the modal shift from road and mobility increasee ( Forecast) Traffic At this stage you will have to plan how many trains per day and per direction you will run. Using the 2 parameters estimated in stage 2, you will use the mathematical Gravity Model to forecast the modal shift from road and mobility increase. 1
2 Stage 5: Maximization of AMRAIL s Profit ( Traffic Forecast and Cost Function) You will estimate the production costs in relationship with the number of trains selected in stage 4. At the end of this exercise you will be able to assess the economic interest of the project for AMRAIL. Stage 1: Understanding of the present position of conventional rail on the rail + air market ( Price-Time Model) For a given origin-destination (A-B), competition between rail and air is modelized by a price-time model. Value of time Log Normal density Rail Market Share Air Market Share 0 20 h First, you have to determine the without project). The indifference value of time is takes the train or the plane. indifference time value in the reference situation (situation the value for which the traveller doesn t care whether he/she 2
3 Mathematically, the indifference value of time is defined as the value which equates rail and air generalized costs. Rail and Air generalized costs are respectively defined by GC r = P r + h x GT r GC a = P a + h x GT a GT r and GT a are respectively rail and air generalized time (including access time). GT r is the sum of rail access time and rail best travel time. GT a is the sum of air access time and air best travel time. P r is the price of the rail ticket. P a is the price of the air ticket. The indifference value of time, h 0, is such as GT r = GT a To calculate this value you have to use the following formula h = 3
4 Once you have calculated the indifference value of time and the rail market share, you have to select the right distribution function curves corresponding to these values (seee Price-Time Model worksheet). 100% 90% 80% 70% 60% 50% Time Value Distribution Function 40% 30% 20% 10% 0% According to you which is the curve (yellow, green, blue or red) which most describes the present Rail + Air Market? appropriately Stage 2: Understanding the present rail demand ( Gravity Model Calibration) 9 Origin-Destinations pairs are considered in order to help to calibrate the gravity model. Inputs are origin and destinationn populations, average rail journey time, average price and number of trains per day and direction (frequencies). The gravity model is stated as follows: is a multiplicative constant, = P i and P j are respectively the origin and destination populations 4
5 GC is the generalized cost of the trip. It is the sum of the average ticket price and of the generalized travel time multiplied by the value of time: GC = P + h x GT Generalized travel time is the sum of the rail journey time and of the average between two frequencies. waiting time h is the average value of time. is the generalized cost elasticity (in absolute value). You have to test various values of and h in order to minimize the difference between estimated and actual traffic (see Gravity Model Calibration worksheet). Stage 3: Forecasting the new rail market share on the rail + air market ( Model Application) Price-Time When the High Speed Line is commissioned, it will cut the travel time by 60 minutes. You have to go to the Price-Time Model Application worksheet in order to project rail market share. calculate the First, you have to choose the appropriate price for the high speed rail trip and calculate the new indifference value of time for people making a trade-off between rail and air. Please, note that the new rail ticket price must not be less than the reference rail price and must not exceed the reference rail price by more than 10%. Then, go back to the Price-Timee mode worksheet. Using the curve selected in Stage 1, you have to calculate the new rail market share. Finally, put this project rail market share value into cell Rail Market Share on the Price- Time Model Application worksheet and calculate the diverted traffic from air to rail. The calculation of the traffic shift from air to rail is done automatically by filling the market share value in the right place of the calculation sheet. Stage 4: Forecasting the traffic shift from road and mobility increasee ( Forecast) Traffic In order to estimate the increase of rail traffic from the reference situation to the project situation, you have to re-calculate the rail generalized cost, by increasing the ticket price by less than the reduction of generalized travel time. This condition is satisfied in our exercise thanks to the 10% maximum increase of the rail price (see Stage 3). So, we can write: 5
6 = = We can divide by and obtain: oj GC Re f Re f T Pr = i,j T i,j (*) GC Pr oj γ With the optimal parameters calculated in Stage 2, you have to calculate (using the Traffic Forecast worksheet) the travel generalized cost ( GC Re f ) in the reference situation and the travel generalized cost ( GCPr oj ) in the project situation. In this perspective, you have to use the project rail ticket price already chosen for the Price-Time Model Application and to plan the number of trains per day and direction (at least equal to the corresponding number in the reference situation since you expect an increase of traffic). Once ( GCPr oj ) calculated, you have to apply the previous equation (*) to estimate the traffic coming from road and the mobility increase. Forecasting global project rail traffic At this stage, you only have to add the traffic shifting from air (assessed by the price-time model) to the traffic coming from road and mobility increase (assessed by the gravity model). You have to check that the annual average number of passengers by frequency does not exceed (capacity constraint). Project rail revenues are then obtained by multiplying project rail price and project rail traffic. Stage 5: Maximization of AMRAIL s Profit This stage consists in maximizing the difference between the previously estimated revenues and the operating costs (including capital costs) for the railway undertaking. Operating costs depend on the number of trains (frequencies). The cost function is given in Cost Function worksheet. You have to test the number of trains (not lower than in the reference situation) and the rail ticket price (to be kept between the reference ticket price and this value plus 10%) in order to maximize the company margin. 6
7 If you have reached this stage, you will be promoted CEO of AMRAIL since you know how to optimize the economic relevance of the Azurcity Bluecity project. 7
Statewide Model Application Using the Texas SAM
Statewide Model Application Using the Texas SAM Presented by: William Smithson Wilbur Smith Associates September 2008 Texas Statewide Analysis Model Application Presentation Outline Brief Model Description
More informationCompetition Effects and Transfers in Rail Rapid Transit Network Design
Competition Effects and Transfers in Rail Rapid Transit Network Design Ángel Marín y Luís Cadarso Acknowledgements: Research supported by project grant TRA2011-27791-C3-01 and TRA2014-52530-C3-1-P by "Ministerio
More informationForecasting Intermodal Competition in a Multimodal Environment
TRANSPORTATION RESEARCH RECORD 1139 15 Forecasting Intermodal Competition in a Multimodal Environment KEVIN NEELS AND JOSEPH MATHER In this paper, the problem or accurately describing patterns of intermodal
More informationA PASSENGER STATION CHOICE MODEL FOR THE BRITISH RAIL NETWORK. Simon J Adcock TCI Operational Research
A PASSENGER STATION CHOICE MODEL FOR THE BRITISH RAIL NETWORK Simon J Adcock TCI Operational Research 1. INTRODUCTION Many demand models for the rail network in Britain tend to consider passenger demand
More informationPark and Ride Action Plan Summary. A Catalyst for Change The Regional Transport Strategy for the west of Scotland
Park and Ride Action Plan Summary A Catalyst for Change The Regional Transport Strategy for the west of Scotland 2007-2021 Strathclyde Partnership for Transport Contents Purpose...2 Issues, Constraints
More informationSUTRA : Sustainable Urban Transportation for the City of Tomorrow
Preliminary Report SUTRA : Sustainable Urban Transportation for the City of Tomorrow WP 03: Multi-modal Transportation Modelling D03.3 User Manual and Example Test Data Sets First Draft Karlsruhe, January
More informationPlease complete this checklist by referencing locations where the relevant material can be found in the OBC document
Large Local Major Schemes: Bid for construction funding Part Two: Checklist Please complete this checklist by referencing locations where the relevant material can be found in the OBC document Strategic
More informationTravel Forecasting Tutorial
Travel Forecasting Tutorial Travel Demand Modeling/Forecasting Process by which relationships among causal factors and travel decisions are analyzed and mathematically modeled. Decisions include: Travel
More informationIPSWICH NORTHERN ROUTES STUDY. Stage 1 Progress
IPSWICH NORTHERN ROUTES STUDY Stage 1 Progress 17 th January 2017 STUDY CONTEXT 2 The study is being funded in partnership with the Suffolk district and borough councils. Work forms part of the Suffolk
More informationThere are three main operational challenges we need to address. We need to:
Speaking Notes Ottawa, June 14, 2011 MARC LALIBERTÉ, PRESIDENT AND CEO, VIA RAIL CANADA DELIVERED AT THE VIA RAIL ANNUAL PUBLIC MEETING CHECK AG AINST DELIVERY Transformation: Our Strategy Paul described
More informationVrachtmodel Vlaanderen Intermediate report :generation model and distribution model P763 1
Vrachtmodel Vlaanderen Intermediate report :generation model and distribution model P763 1 1. GENERATION MODEL 1.1. Purpose and principle This generation step aims at calculating the global volume of goods
More informationPrice Competition in the Intercity Passenger Transport Market: A Simulation Model
OECD Technical Workshop on the Economics of Regulation Paris 7 December 2011 Price Competition in the Intercity Passenger Transport Market: A Simulation Model Marc Ivaldi JOINT WITH CATHERINE VIBES-MULLER
More informationForecast and Capacity Planning for Nogales Ports of Entry
Forecast and Capacity Planning for Nogales Ports of Entry Rene Villalobos, Arnie Maltz*, L.J. Xue, Octavio Sanchez Industrial Engineering Department * Supply Chain Department Arizona State University October
More informationTransit Demand Analysis
Transit Demand Analysis Purpose To determine impact on ridership and revenues of any change in service policy. Need to know how demand estimates will be used. May not require an elaborate analysis in many
More informationUrban Transport Modeling (based on these two sources)
Urban Transport Modeling (based on these two sources) A Transportation Modeling Primer May, 1995 Edward A. Beimborn Center for Urban Transportation Studies University of Wisconsin- Milwaukee http://www.uwm.edu/dept/c
More informationTransport Economics. Energy Summer School, 2017 Selena Sheng Energy Centre, Business School, UoA 27/02/2017
Transport Economics Energy Summer School, 2017 Selena Sheng Energy Centre, Business School, UoA 27/02/2017 Transport Economics Transport demand Transport supply Congestion pricing Econometric modelling
More informationLinking the Transportation Model to the LEAM Land Use Model: Year 1 Final Report
Linking the Transportation Model to the LEAM Land Use Model: Year 1 Final Report Prepared by: The National Center for Smart Growth Research and Education at the University of Maryland* Gerrit Knaap, PhD
More informationIntermediate Microeconomics 301 Problem Set # 2 Due Wednesday June 29, 2005
Intermediate Microeconomics 301 Problem Set # 2 Due Wednesday June 29, 2005 1. A new chemical cleaning solution is introduced to the market. Initially, demand is Q D = 100 + 2p p 2 and supply is Q S =
More informationUK Road Pricing Feasibility Study: Modelling the Impacts Elizabeth Cox 1 UK
Abstract UK Road Pricing Feasibility Study: Modelling the Impacts Elizabeth Cox 1 UK In July 2003, the UK government set up a comprehensive study to examine how a new system of charging for road use could
More informationThat will also contribute to achievement of a number of objectives and policies in the Regional Policy Statement.
Board of Inquiry MacKays to Peka Peka Expressway Proposal Submitters Evidence Public Transport Voice 5 October 2012 Executive Summary Increasing modal share for public transport is a key outcome in the
More informationConsumer responses: how quick are they?
Agenda Advancing economics in business Consumer responses: how quick are they? Ignoring the potential delayed reactions of consumers when thinking about investment, pricing, or competition cases, or when
More informationTransportation Theory and Applications
Fall 2017 - MTAT.08.043 Transportation Theory and Applications Lecture I: Introduction A. Hadachi Course Syllabus Lecturer: Amnir Hadachi Course website: https://courses.cs.ut.ee/2017/transport/fall Office
More informationJing-Jin-Ji Air-Rail Intermodality System Study Based on Beijing New Airport
World Journal of Engineering and Technology, 2015, 3, 40-45 Published Online October 2015 in SciRes. http://www.scirp.org/journal/wjet http://dx.doi.org/10.4236/wjet.2015.33c006 Jing-Jin-Ji Air-Rail Intermodality
More informationBig Data Analytics for Passenger-Centric ATM
Big Data Analytics for Passenger-Centric ATM A Case Study of Door-to-Door Intermodal Passenger Journey Inferred from Mobile Phone Data Pedro García-Albertos Data Scientist, Nommon Solutions and Technologies
More informationFigure 4 1 Price Quantity Quantity Per Pair Demanded Supplied $ $ $ $ $10 2 8
Econ 101 Summer 2005 In class Assignment 2 Please select the correct answer from the ones given Figure 4 1 Price Quantity Quantity Per Pair Demanded Supplied $ 2 18 3 $ 4 14 4 $ 6 10 5 $ 8 6 6 $10 2 8
More informationForecasting High-Speed Rail Ridership
12 TRANSPORTATION RESEARCH RECORD 1341 Forecasting High-Speed Rail Ridership DANIEL BRAND, THOMAS E. PARODY, PoH SER Hsu, AND KEVIN F. TIERNEY Advantages and disadvantages of various high-speed rail (HSR)
More informationApplied Information and Communication Technology. Unit 3: The Knowledge Worker May 2009 Time: 2 hours 30 minutes
Paper Reference(s) 6953/01 Edexcel GCE Applied Information and Communication Technology Unit 3: The Knowledge Worker 18 22 May 2009 Time: 2 hours 30 minutes Materials required for examination Short treasury
More informationPassenger Mobility in the Baltics A Catalyst for Regional Cohesion
Passenger Mobility in the Baltics A Catalyst for Regional Cohesion Arnis Kakulis, Managing Director AECOM Baltics April 24, 2017 10 benefits from Rail Baltica (source RB Rail AS) 1. A powerful catalyst
More informationAccounting for Multimodal System Performance in Benefit-Cost Analysis of Transit Investment
Accounting for Multimodal System Performance in Benefit-Cost Analysis of Transit Investment Daniel Brod, Hickling Lewis Brod, Inc. Benefit-cost analysis, in the conventional planning and modeung paradigm,
More informationPrice discrimination by a monopolist
Review Imperfect Competition: Monopoly Reasons for monopolies Monopolies problem: Choses quantity such that marginal costs equal to marginal revenue The social deadweight loss of a monopoly Price discrimination
More informationA FEASIBILITY STUDY FOR A STANDARD GAUGE SEPARATE RAILWAY LINE IN ESTONIA, LATVIA AND LITHUANIA. Arnis Kakulis AECOM, Director, Baltic Region
A FEASIBILITY STUDY FOR A STANDARD GAUGE SEPARATE RAILWAY LINE IN ESTONIA, LATVIA AND LITHUANIA Arnis Kakulis AECOM, Director, Baltic Region 24 March 2011 Objective of the Feasibility Study The main objective
More informationTravel Demand Modeling At NCTCOG
Travel Demand Modeling At NCTCOG Arash Mirzaei North Central Texas Council Of Governments For University of Texas at Arlington ITE Student Chapter March 9, 2005 Agenda Background DFW Regional Model Structure
More informationColumbia Business School Problem Set 7: Solution
Columbia Business School roblem Set 7: Solution art 1: art a: The definition of elasticity is: ε d The term / is simply the slope of the demand function (p). (Note that this is the reciprocal of the slope
More informationAPPENDIX A. Analysis Of The High Speed Rail Authority s Planned Pricing William H. Warren July 2, Management Summary
APPENDIX A Objective: Analysis Of The High Speed Rail Authority s Planned Pricing William H. Warren July 2, 2010 Management Summary To analyze the pricing used in the HSR Authority s Ridership Forecasts
More informationTransportation Model Report
1. Introduction The traffic impacts of the future developments in the IL130/High Cross Road corridor for different scenarios were analyzed using a Travel Demand Model (TDM). A four step modeling process
More informationMonopoly. John Asker Econ 170 Industrial Organization January 22, / 1
Monopoly John Asker Econ 170 Industrial Organization January 22, 2017 1 / 1 Monopoly Overview Definition: A firm is a monopoly if it is the only supplier of a product in a market. A monopolist s demand
More informationFOR MORE PAPERS LOGON TO
ECO401- Economics Question No: 1 ( Marks: 1 ) - Please choose one In pure capitalism, the role of government is best described as: Significant. Extensive. Nonexistent. Limited. Question No: 2 ( Marks:
More informationSome network flow problems in urban road networks. Michael Zhang Civil and Environmental Engineering University of California Davis
Some network flow problems in urban road networks Michael Zhang Civil and Environmental Engineering University of California Davis Outline of Lecture Transportation modes, and some basic statistics Characteristics
More informationOne Public Transport System for Cornwall. Project Details
One Public Transport System for Cornwall Project Details Integrated Transport and Technology Team Version 3.3 www.cornwall.gov.uk One Public Transport System for Cornwall (OPTSfC) The One Public Transport
More informationThe view is intended to evaluate the evolution of the load per vehicle for freight service.
28. Load (freight) Overview Target The view is intended to evaluate the evolution of the load per vehicle for freight service. The average load large-freight vehicles is assumed to change, through elasticities,
More informationAssessing profit margins
Assessing profit margins GRADE 10 When setting the price of a new product in the market, how can a business strike a balance between attracting consumers to buy its products and earning as much profit
More informationSYSTEM-WIDE RAIL CAPACITY STUDY
SYSTEM-WIDE RAIL CAPACITY STUDY Over the last few decades, ridership on CTA rail lines has continued to grow. To evaluate the effect of this growth, CTA has conducted a system-wide study of rail line capacity
More informationSTUDY OVERVIEW. Federal Railroad Administration Southeast Regional Rail Planning Study. Stakeholder Group Workshop 1 Columbia, South Carolina
Federal Railroad Administration Southeast Regional Rail Planning Study Stakeholder Group Workshop 1 Columbia, South Carolina STUDY OVERVIEW SEPTEMBER 20, 2016 1 CONNECT What is CONNECT? Features of CONNECT
More informationThe Business of Operating a HSR System. May 3rd Denis DOUTÉ CEO, SNCF America, Inc.
The Business of Operating a HSR System May 3rd 2011 Denis DOUTÉ CEO, SNCF America, Inc. 1 Why do public subsidies to HSR make sense? Net Present Value Example : TGV East (investment costs) Total created
More informationN4 Collooney to Castlebaldwin Road Scheme
Traffic Analysis Brief of Evidence N4 Collooney to Castlebaldwin Road Scheme Presented by: Declan Keenan and Shane Dunny of AECOM Designer AECOM Lower Ground Floor Grand Canal House Upper Grand Canal Street
More informationEcon 2113: Principles of Microeconomics. Spring 2009 ECU
Econ 2113: Principles of Microeconomics Spring 2009 ECU Chapter 12 Monopoly Market Power Market power is the ability to influence the market, and in particular the market price, by influencing the total
More informationPresentation To: HRTPO Passenger Rail Task Force
Presentation To: HRTPO Passenger Rail Task Force HRTPO Norfolk-Richmond Passenger Rail Ridership and Revenue Forecasts Presentation By December 17, 2013 Transportation Economics & Management Systems, Inc.
More informationZenith Model Framework Papers Version Paper I Zenith Transit Assignment Algorithm
Zenith Model Framework Papers Version 3.0.0 Paper I Zenith Transit Assignment Algorithm June 2014 Page Intentionally Left Blank Paper I Zenith Transit Assignment Algorithm Final Report COPYRIGHT: The concepts
More informationMarine Highway System A Multimodal Short Sea Freight Shipping System
Marine Highway System A Multimodal Short Sea Freight Shipping System 22 April 2010 Draft Final Brief Surface Congestion Reduction Analysis & Modeling (SCRAM) Team: Karen Davis Greg Haubner James Hingst
More informationAppendix B5 PT Model Validation
Appendix B5 PT Model Validation PT Model Validation Report Sheffield and Rotherham Public Transport Model Report for Sheffield City Council August 2009 Document Control Project Title: MVA Project Number:
More informationPreface. Chapter 1 Basic Tools Used in Understanding Microeconomics. 1.1 Economic Models
Preface Chapter 1 Basic Tools Used in Understanding Microeconomics 1.1 Economic Models 1.1.1 Positive and Normative Analysis 1.1.2 The Market Economy Model 1.1.3 Types of Economic Problems 1.2 Mathematics
More informationRural transport survey techniques Session: 5.5 Part 1
RURAL TRANSPORT TRAINING MATERIALS Module 5: Social and Environmental Issues Rural transport survey techniques Session: 5.5 Part 1 Presentation: 5.5a The Training Modules Module 1. Policies and Strategies
More informationRural transport survey techniques. Part 1
Rural Transport Training Materials Module 5: Social and Environmental Issues Rural transport survey techniques Session 5.5 Part 1 Presentation 5.5a The Training Modules Module 1. Policies and Strategies
More informationStrategic Long-Term High-Speed and Intercity Passenger Rail Plan: Phase 2 Study Approach
Presentation To HRTPO Transportation Advisory Committee Meeting Agenda Item #7 Strategic Long-Term High-Speed and Intercity Passenger Rail Plan: Phase 2 Study Approach Presentation By September 1, 2010
More informationRidership and Revenue Risk: Implications for High Speed Rail Project Funding and Financing
Ridership and Revenue Risk: Implications for High Speed Rail Project Funding and Financing Sharon Greene Principal Sharon Greene + Associates Laguna Beach, California Sasha Page Vice President, Finance
More informationTWNW Conference Liverpool 28/2/03
TWNW Conference Liverpool 28/2/03 Migration from Rail - possible effects of English off peak free bus travel after April 2008 John Moorhouse (Administrator) Paul Fawcett (Research Assistant) Aim of the
More informationTransform 66 Multimodal Project: Prioritization Process and Evaluation Criteria Approved March 3, 2016
Transform 66 Multimodal Project: Prioritization Process and Evaluation Criteria Approved March 3, 2016 The Memorandum of Agreement (MOA) for the Transform 66: Inside the Beltway Project directs NVTC to
More informationINLAND NAVIGATION ECONOMICS WEBINAR SERIES #8 Elasticity of Demand - Shipper Responsiveness
INLAND NAVIGATION ECONOMICS WEBINAR SERIES #8 Elasticity of Demand - Shipper Responsiveness Michael R. Hilliard, Ph.D. Center for Transportation Analysis Oak Ridge National Laboratory April 10, 2013 US
More informationParking and Multi-Modal Station Access. Jennifer Niece Metrolinx, Sr. Advisor, Sustainability Toronto, Ontario
Parking and Multi-Modal Station Access Jennifer Niece Metrolinx, Sr. Advisor, Sustainability Toronto, Ontario The Big Move Regional Transportation Plan Vision: an integrated multi-modal transportation
More informationAirline Seat Allocation and Overbooking
Airline Seat Allocation and Overbooking ISEN 609 Team Project Jung-Ho Park, EunSuk Ko, Yeong-In Kim 12/6/2011 1. Project Statement 1.1 Goal The goal of this project is to find an optimal seats allocation
More informationChapter 11 ECONOMIC ANALYSIS
Chapter 11 ECONOMIC ANALYSIS 11.1 INTRODUCTION The purpose of the undertaking an economic evaluation is to provide an overall picture of the contributions of the MRT system to broadly defined social goals
More informationTransport User Benefit Calculation
TAG Unit 3.5.3 April 2004 Department for Transport Transport Analysis Guidance (TAG) This Unit is part of a family which can be accessed at www.webtag.org.uk Contents 1 Introduction 1 2 Transport user
More informationOptimal public transport pricing:
Optimal public transport pricing: Flat pricing vs. user-specific marginal social cost charging Ihab Kaddoura*,1 Kai Nagel 1 Andreas Neumann 1 Alejandro Tirachini 2 1 Department of Transportation System
More informationTransportation Economics and Decision Making. L e c t u r e - 4
Transportation Economics and Decision Making L e c t u r e - 4 Example of Mutually Exclusive Alternatives Problem definition A certain section of highway is now in location A. Number of perspective designs
More informationThanksgiving Handout Economics 101 Fall 2000
Thanksgiving Handout Economics 101 Fall 2000 The purpose of this handout is to provide a variety of problems illustrating many of the ideas that we have discussed in class this semester. The questions
More informationWashington Metropolitan Area Transit Authority Board Action/Information Summary
Washington Metropolitan Area Transit Authority Board Action/Information Summary nmlkj Action nmlkji Information MEAD Number: Resolution: Yes No nmlkj nmlkji TITLE: Update on Regional Transit System Plan
More informationThere are many questions we will need to ask when we start planning a train service such as:
INITIAL QUESTIONS WHEN PLANNING TRAINS There are many questions we will need to ask when we start planning a train service such as: Is the line open? Are all the signal boxes and stations open? 3. Is the
More information1.221J/11.527J/ESD.201J Transportation Systems Fall 2003 LECTURES 2 & 3 DISPLAYS. SPEAKER: Joseph M. Sussman MIT
1.221J/11.527J/ESD.201J Transportation Systems Fall 2003 LECTURES 2 & 3 DISPLAYS SPEAKER: Joseph M. Sussman MIT TRANSPORTATION AND THE SOCIAL- POLITICAL-ECONOMIC CONTEXT Public-Policy Lever Private-Sector
More informationApplying Spatial Aggregation Methods to Identify Opportunities for New Bus Services in London
Applying Spatial Aggregation Methods to Identify Opportunities for New Bus Services in London Cecilia Viggiano, EDR Group Haris Koutsopoulos, Northeastern University Nigel H.M. Wilson, Massachusetts Institute
More informationModeling Mode Choice in New Jersey
20 TRANSPORTATION RESEARCH RECORD 1139 Modeling Mode Choice in New Jersey KEVIN NEELS AND JOSEPH MATHER In this paper, a mode choice model developed for NJ Transit and the Port Authority of New York and
More informationModule BASIC DEFINITIONS 1.2. COMPONENTS OF A SYSTEM: CE -751, SLD, Class Notes, Fall 2006, IIT Bombay
Module 1 1.1. BASIC DEFINITIONS Goals: Goal is defined as the end to which a plan tends. Goals may be thought of as a set of statements that attempt to convey to the planner an image of the ideal system
More informationOptimal decision-making in daily life
TEACHERS RESOURCE MEOW Economics Optimal decision-making in daily life Method 1: Travel Expenditure 1. Ask if any students have experience using Excel spreadsheets. Pair up experienced students with those
More informationUrban Transportation Planning Prof Dr. V. Thamizh Arasan Department of Civil Engineering Indian Institute Of Technology, Madras
Urban Transportation Planning Prof Dr. V. Thamizh Arasan Department of Civil Engineering Indian Institute Of Technology, Madras Lecture No. # 14 Modal Split Analysis Contd. This is lecture 14 on urban
More informationCaltrain Fare Study Update
Caltrain Fare Study Update Board of Directors December 7, 2017 Agenda Item 10 Overview Study overview Key findings from Existing Conditions and Peer Comparison Reports Fare Study Rider Survey highlights
More informationSHIFT²RAIL R&D Priorities for Concrete Results
SHIFT²RAIL R&D Priorities for Concrete Results Josef Doppelbauer Chairman of the SHIFT²RAIL Steering Committee VP Research & Technology, Bombardier Transportation 19 February 2014, Athens Setting expectations
More informationSUBJ SCORE # Version B: Page 1 of 10. (signature)
SUBJ SCORE # Version B: Page 1 of 10 Economics 001 NAME Professor Levinson GU ID # (9 digits) Midterm #2 Seat 2:00 pm November 6, 2013 DO NOT TURN TO PAGE 2 UNTIL THE INSTRUCTOR TELLS YOU TO DO SO. FOLLOW
More informationLESSON 3: Prescribe a Pollution Diet
LESSON 3: Prescribe a Pollution Diet LESSON OVERVIEW Pollutey Judy drives everywhere and never carpools. She drives her vehicle that runs on gas out of convenience and does not realize the impact her choices
More informationENTRY AND PRODUCT COMPETITION IN THE LONG-HAUL PASSENGER MARKET
ENTRY AND PRODUCT COMPETITION IN THE LONG-HAUL PASSENGER MARKET Marc Ivaldi 1 and Catherine Vibes 2 28 th September 2004 Preliminary version Keywords: inter-modal competition, intra-modal competition,
More informationGIS-based Modeling for Statewide and Corridor Freight Planning
GIS-based Modeling for Statewide and Corridor Freight Planning GIS-T T Conference Colorado Springs, CO Presented by Erik Cempel Cambridge Systematics, Inc. March 19, 2003 Outline of Presentation Background
More informationUC Berkeley Haas School of Business Economic Analysis for Business Decisions (EWMBA 201A) Fall 2013
UC Berkeley Haas School of Business Economic Analysis for Business Decisions (EWMBA 201A) Fall 2013 Pricing with market power and oligopolistic markets (PR 11.1-11.4 and 12.2-12.5) Module 4 Sep. 28, 2013
More informationThursday 23 June 2016 Afternoon
Oxford Cambridge and RSA Thursday 23 June 2016 Afternoon A2 GCE ECONOMICS F584/01 Transport Economics *6008521606* Candidates answer on the Question Paper. OCR supplied materials: None Other materials
More informationThe role of externalities in the Cost Benefit Analysis of Rome Milan HS line
The role of externalities in the Cost Benefit Analysis of Rome Milan HS line Stivali Franco, Head of Investment Planning and Evaluation, Ferrovie dello Stato Italiane Mobility and HSR in Italy Areas density
More informationGeneralised Costs and the Value of Time as a Method of Patronage Forecasting
Generalised Costs and the Value of Time as a Method of Patronage Forecasting L. Lesley Retired from Liverpool JM University e-mail: LJSLESLEY@AOL.COM Abstract: Forecasting the future patronage of (public
More informationMaaS from Vision to Deployment. Filippo Logi, Ph.D. November 2017
MaaS from Vision to Deployment Filippo Logi, Ph.D. http://www.siemens.com/integrated-mobility Integration platform supports openness and increases efficiency Point-to-point-Networks Open Platform Closed
More informationProspect of Technology for Public Transit Planning using Smart Card Data
Prospect of Technology for Public Transit Planning using Smart Card Data Inmook Lee 1 and Suk-mun Oh and Jae Hong Min Department of Railway Policy & Strategy, Korea Railroad Research Institute, 360-1 Woram-dong,
More informationA Production Problem
Session #2 Page 1 A Production Problem Weekly supply of raw materials: Large Bricks Small Bricks Products: Table Profit = $20/Table Chair Profit = $15/Chair Session #2 Page 2 Linear Programming Linear
More informationSession 2A (11:45-12:30) Topic Covered Overview Of National Urban Transport Helpline (NUTH) NUTH Applications And Concepts Planning And Design
Session 2A (11:45-12:30) Topic Covered Overview Of National Urban Transport Helpline (NUTH) NUTH Applications And Concepts Planning And Design Considerations National Urban Transport Helpline Overview
More informationThe Trouble with Intercity Travel Demand Models. Presentation Outline
The Trouble with Intercity Travel Demand Models Eric J. Miller, Ph.D. Bahen-Tanenbaum Professor, Dept. of Civil Engineering Director, Joint Program in Transportation University of Toronto 2004 Annual Meeting
More informationIDENTIFYING THE UTILITY FUNCTION OF TRANSPORT SERVICES FROM STATED PREFERENCES
Transport and Telecommunication, 2015, volume 16, no. 2, 138 144 Transport and Telecommunication Institute, Lomonosova 1, Riga, LV-1019, Latvia DOI 10.1515/ttj-2015-0013 IDENTIFYING THE UTILITY FUNCTION
More informationIDENTIFYING THE UTILITY FUNCTION OF TRANSPORT SERVICES FROM STATED PREFERENCES
Transport and Telecommunication, 2015, volume 16, no. 2, 138 144 Transport and Telecommunication Institute, Lomonosova 1, Riga, LV-1019, Latvia DOI 10.1515/ttj-2015-0013 IDENTIFYING THE UTILITY FUNCTION
More informationStudy Guide Final Exam, Microeconomics
Study Guide Final Exam, Microeconomics 1. If the price-consumption curve of a commodity slopes downward how can you tell whether the consumer spends more or less on this commodity from her budget (income)?
More informationUPDATE OF THE NEAC MODAL-SPLIT MODEL Leest, E.E.G.A. van der Duijnisveld, M.A.G. Hilferink, P.B.D. NEA Transport research and training
UPDATE OF THE NEAC MODAL-SPLIT MODEL Leest, E.E.G.A. van der Duijnisveld, M.A.G. Hilferink, P.B.D. NEA Transport research and training 1 INTRODUCTION The NEAC model and information system consists of models
More informationPUBLIC TRANSPORT LONG TERM VISION FOR MILTON KEYNES
PUBLIC TRANSPORT LONG TERM VISION FOR MILTON KEYNES CONSULTATION January 2004 We are seeking comments on the final results and recommendations from a study (November 2003) of a long term vision for public
More informationIDEI Report # 9. Rail Transport. March Intermodal and Intramodal Competition in the Long-Haul Passenger Transport Markets
IDEI Report # 9 Rail Transport March 2005 Intermodal and Intramodal Competition in the Long-Haul Passenger Transport Markets IDEI Report #4 on Passenger Rail Transport March 2005 Intermodal and Intramodal
More informationc. Explain the concept of consumer incidence in reference to your answer to part b of this question
Final PPA 897, Spring 2012 Professor John McPeak Name: The total exam is worth 25 points. Each numbered question is worth 2 ½ points, and each sub question within a numbered question is worth an equal
More informationECON 203 Homework #2 Solutions. 1) Can a set of indifference curves be upward sloping? If so, what would this tell you about the two goods?
1) Can a set of indifference curves be upward sloping? If so, what would this tell you about the two goods? A set of indifference curves can be upward sloping if we violate assumption number three; more
More informationThe connected future of public transportation
The connected future of public transportation New technologies and real-time data are merging with established public transport paradigms. Discover the five capabilities needed to prepare for this future
More informationMobility on Demand for Improving Business Profits and User Satisfaction
Mobility on Demand for Improving Business Profits and User Satisfaction Takuro Ikeda Takushi Fujita Moshe E. Ben-Akiva For a sustainable society, we need to design a mobility management system that does
More informationt h r e e m o r e s m i l e s
t h r e e m o r e s m i l e s WHAT DOES THE FUTURE LOOK LIKE? 2017 AXON VIBE AG LEVERAGE THE POWER OF THE MOBILE DEVICE 2017 AXON VIBE AG ORCHESTRATED MOBILITY Public transport operators have the trusted
More informationAnalysis of Sydney Public-Private Partnership Road Tunnels
Analysis of Sydney Public-Private Partnership Road Tunnels Introduction Geoff Phillips Mathematics Learning Centre, Sydney University The Sydney Cross City Tunnel and the Lane Cove Tunnel have generated
More information