A ROUTE COST MODEL FOR BUS

In this report, a cost model is developed for calculating total variable cost, by route, for a bus system. The model is designed to predict the total variable cost, by route, as a function of three variables: (1) vehicles; (2) vehicle-miles; and (3) operation days. The financial statements of the system under study are analyzed and the various costs are allocated to the variable with which they vary. The purpose of the model is to provide transit managers and transportation planners with a more rational framework for comparison of costs of alternative plans or operating policies than is being used at present. Also, the model will provide for the calculation of marginal cost fares, by route. The type of pricing will, according to the authors, insure that the transit company covers its costs at any particular level of service. /UMTA/

• Supplemental Notes:
  • Sponsored by Urban Mass Transportation Administration.
• Corporate Authors:

  University of Oklahoma, Norman

  School of Civil Engineering and Environmental Science, 202 West Boyd Street
  Norman, OK  United States  73019

  National Highway Traffic Safety Administration

  1200 New Jersey Avenue, SE
  Washington, DC  United States  20590
• Authors:
  • Talvitie, A
  • Neal, A
• Publication Date: 1974-11

Media Info

• Pagination: 39 p.

Subject/Index Terms

• TRT Terms: Bus transit; Buses; Costs; Energy; Fares; Forecasting; Mathematical models; Operating costs; Routes; Transportation planning; Urban transportation; Variables; Vehicle miles of travel
• Uncontrolled Terms: Models
• Old TRIS Terms: Bus transportation (Intracity)
• Subject Areas: Economics; Energy; Finance; Highways; Operations and Traffic Management; Public Transportation; Society;

Filing Info

• Accession Number: 00084750
• Record Type: Publication
• Source Agency: Urban Mass Transportation Administration
• Report/Paper Numbers: UMTA-OK-11-0016-74-1
• Files: TRIS, USDOT
• Created Date: May 7 1981 12:00AM