In recent years, shared mobility, such as Uber and Lyft, has been increasingly practiced achieving better travel mobility. Explain how ITS programs could be deployed in conjunction with shared mobility to improve the overall transportation system performance concerning user cost savings, mobility improvements, safety enhancements, and environmental impacts mitigation, as well as personal wealth creation and economic development.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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In recent years, shared mobility, such as Uber and Lyft, has been increasingly practiced achieving better travel mobility. Explain how ITS programs could be deployed in conjunction with shared mobility to improve the overall transportation system performance concerning user cost savings, mobility improvements, safety enhancements, and environmental impacts mitigation, as well as personal wealth creation and economic development.

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Step 1: Define transportation system performance measurement:

Transportation system performance measurement is important for the efficient allocation of business resources, safety, economic development of the country, environmental sustainability, and ensuring the satisfaction of users in a transportation network. Performance measures help the organization make informed decisions about resource allocation in transportation.

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