Calculate the annual monetary benefit ($ from travel time/delay savings) for an intersection improvement project that reduces average delay by 3.7 sec/veh given the following information: · Average hourly wage in the city is $24.80 · Assume 60% of salary for value of travel time savings · Assume 1.65 persons per vehicle · Average Daily Traffic for this intersection is 21,500 vehicles per day

Calculate the annual monetary benefit ($ from travel time/delay savings) for an intersection improvement project that reduces average delay by 3.7 sec/veh given the following information: · Average hourly wage in the city is $24.80 · Assume 60% of salary for value of travel time savings · Assume 1.65 persons per vehicle · Average Daily Traffic for this intersection is 21,500 vehicles per day

Traffic and Highway Engineering

5th Edition

ISBN:9781305156241

Author:Garber, Nicholas J.

Publisher:Garber, Nicholas J.

Chapter4: Traffic Engineering Studies

Section: Chapter Questions

Problem 21P

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