The city public transportation. authority manages and maintains the regular bus service. If the origin-destination (OD) trips are 10,000 person-trips per day, a) If private auto and regular bus are two irrelevant travel modes, use binary logit model to determine the fare-box revenue of the regular buses given the following utility function. uk = ak - 0.003 X₁ – 0.04 X₂ 1 where: X, is travel cost in cents, X₂ is travel time in minutes a, modal constant X, (in cents) X₂ (in minutes) -0.20 120 30 Auto (A) Regular Bus (B) -0.60 30 55
The city public transportation. authority manages and maintains the regular bus service. If the origin-destination (OD) trips are 10,000 person-trips per day, a) If private auto and regular bus are two irrelevant travel modes, use binary logit model to determine the fare-box revenue of the regular buses given the following utility function. uk = ak - 0.003 X₁ – 0.04 X₂ 1 where: X, is travel cost in cents, X₂ is travel time in minutes a, modal constant X, (in cents) X₂ (in minutes) -0.20 120 30 Auto (A) Regular Bus (B) -0.60 30 55
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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