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

Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
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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
Transcribed Image Text: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
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