Average demand on a rural roadway ranges from zero to 600 veh/day when the cost per trip goes from $1.75 to zero. (a) Calculate the net user benefits per year (in dollars) if the cost decreases from $1.50 to $0.75/trip (assume a linear demand function). $ 29 x Your response is within 10% of the correct value. This may be due to roundoff error, or you could have a mistake in your calculation. Carry out all intermediate results roundoff error. (b) Compare the value calculated in (a) with the benefits as calculated in typical highway studies. (Enter the benefits in dollars as calculated in typical highway studies.) $88000 X Your response is within 10% of the correct value. This may be due to roundoff error, or you could have a mistake in your calculation. Carry out all intermediate results i roundoff error.

Average demand on a rural roadway ranges from zero to 600 veh/day when the cost per trip goes from $1.75 to zero. (a) Calculate the net user benefits per year (in dollars) if the cost decreases from $1.50 to $0.75/trip (assume a linear demand function). $ 29 x Your response is within 10% of the correct value. This may be due to roundoff error, or you could have a mistake in your calculation. Carry out all intermediate results roundoff error. (b) Compare the value calculated in (a) with the benefits as calculated in typical highway studies. (Enter the benefits in dollars as calculated in typical highway studies.) $88000 X Your response is within 10% of the correct value. This may be due to roundoff error, or you could have a mistake in your calculation. Carry out all intermediate results i roundoff error.

Traffic and Highway Engineering

5th Edition

ISBN:9781305156241

Author:Garber, Nicholas J.

Publisher:Garber, Nicholas J.

Chapter13: Evaluating Transportation Alternatives

Section: Chapter Questions

Problem 4P

See similar textbooks

Similar questions

The demand and supply function for a bridge are the following where C is cost in cents and V is volume in veh / h . Demand V = 1500 - 10C Supply or cost function: C = 120 + 0.5V (a) What is the equilibrium volume of traffic and the associated cost? (b) 20 cents of toll is added to the cost function, what will be the new cost function and the equilibrium volume?
A toll bridge carries 6000 vch/day The current toll is $3.50/vehicle. Studies have shown hat for each increase in toll of 50 cents, the traffic volume will decrease by 500 veh/day. Jus desired to increase the toll to a point where revenue will be maximized. (a) Write the expression for travel demand on the bridge, related to toll increase and current volume. (b) Determine the toll charge to maximize revenbes. (o Determine traffic in vel/day after the loll increase, (d) Determine the total revente increase with the new tol.
A toll bridge carries 10,000 veh/day. The current toll is ₱150/vehicle. Studies shown that for eachincrease in toll of ₱25, the traffic volume will decrease by 1000 veh/day. It is desired to increasethe toll to a point where revenue will be maximized.a. Write the expression for travel demand on the bridge related to toll increase and currentvolume. b. Determine the toll charge to maximize revenues. c. Determine traffic in veh/day after toll increase. d. Determine the total revenue increase with new toll.
Consideration is being given to increasing the toll on a bridge now carrying 4500 veh/day. The current toll is $1.35/veh. It has been found from past experience that the daily traffic volume will decrease by 400 veh/day for each 25¢ increase in toll. Therefore, if x iš the increase in toll in cents/veh, the volume equation for veh/day is V= 4500 - 400 (x/25), and the new toll/veh would be T = 135 + x. In order to maximize revenues, what would the new toll charge be per vehicle, and what would the traffic in veh/day be after the toll increase?
A household has 17 members and an annual income of P20,000. They currently live in a neighborhood with 550 retail employees, but are moving to a new home in a neighborhood with 150 retail employees. Calculate the additional vehicle-based peak- hour shopping trips the household makes before and after the move. Use: Vehicle-based Shopping Trips = 0.12 + 0.09HS + 0.011AHI - 0.15EH HS - household size AHI - annual household income in thousand pesos EH - employment in household's neighborhood in hundreds Note: use two decimal places
6. There are five alternatives for improvement of a road. Determine which alternative should be chosen if the highway department is willing to invest money as long as there is a B/C ratio of at least 1.00. Alternatives Annual Benefits, P 950,000 1,400,000 2,850,000 3,400,000 4,250,000 Annual Cost, P 1,050,000 1,500,000 2,150,000 2,800,000 3,450,000 2 4
A bridge has been constructed between the mainland and an island. The total cost (excluding tolls) to travel across the bridge is expressed as C- 50 + 0.5V, where V is the number of veh/hr and Cis the cost/vehicle in cents. The demand for travel across the bridge is V- 2500 - 10C. (a) Determine the volume of traffic across the bridge. (b) If a toll of 25 cents is added, what is the volume across the bridge? What volume would be expected with a 50 cent increase? 155 (c) A tollbooth is to be added, thus reducing the travel time to cross the bridge. The new cost function is C- 50 + 0.2V. Determine the volume of traffic that would cross the bridge. (d) Determine the toll to yield the highest revenue for demand and supply function in part (a), and the associated demand and revenue
Automobile Transit 0 10 Model Parameter X₁, waiting time (min.) X₂, travel time (min.) X₁. parking time (min.) 20 35 5 0 X4, out-of-pocket cost (cents) 225 100 A. calibration constant -0.33 -0.27 B. After implementing service improvements to the mass transit, the mode split changed to 81.4% private automobile use and 18.6% mass transit use. Determine a value for the waiting time for the mass transit mode that reflects this shift in mode split.
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: X₁ is travel cost in cents, X₂ is travel time in minutes ak, modal constant X, (in cents) X₂ (in minutes) -0.20 120 30 Auto (A) Regular Bus (B) -0.60 30 55
Question. 2Propagation speed of 45 km/hr and that each toll booth takes 6 seconds to service a car.Suppose the caravan of 10 cars begins immediately in front of the first toll booth, travels 20 km to a second toll booth, then another 40 km to a third toll booth, and finally stops immediately after the third tool booth. Thus, they travel a total of 60 km. What is the total end to-end delay?
(show your solutions) Compute for the Total Remaining Traffic * A.15,858 vehicles B.15,743 vehicles C.15,862 vehicles D.15,750 vehicles E.None of the above
An existing toll road has an average traffic volume around 6,000 vehicles per day. A project is proposed to widen the toll road to increase the road capacity. It is projected that the traffic volume would increase to 10,000 vehicles if the toll rate is reduced from $5 to $4 per vehicle. Assume that the toll rate is the only factor affecting the traffic volume on the toll road. a) Determine the impact of the toll change on consumer surplus. b) Calculate the point elasticity of demand for the toll road. c) Calculate the arc elasticity of demand for the toll road.