COMPARATIVE EVALUATION OF BUS ROUTE COSTING PROCEDURES

Because policies regarding transit funding are changing at all levels of government, transit planners will be required to more carefully monitor existing bus systems as well as intensively examine the net cost or savings of proposed service changes. In the past two decades, research has been focused on demand and, hence, revenue estimation. Current financial constraints suggest that in the coming years more effort will be focused on operating cost estimation and the underlying relationships that affect expenditures. Although a variety of cost estimation techniques has been developed and used by transit operators, no single technique has been generally recognized as more accurate than the others. The purpose of the project, of which this paper is a product, is to develop a technique (i.e., the proposed method) that is sensitive to the salient cost characteristics of route-level service changes and is relatively easy to understand and apply. A key feature of this project involved a comparative analysis of the performance of the proposed method, and several other prominent cost techniques, against a scheduling-based route costing model.

Media Info

  • Media Type: Print
  • Features: Figures; Tables;
  • Pagination: pp 1-8
  • Monograph Title: Recent advances in bus transit operations planning
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00450892
  • Record Type: Publication
  • ISBN: 0309038030
  • Files: TRIS, TRB
  • Created Date: Feb 28 1986 12:00AM