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- W66491840 abstract "Passenger statistics and their associated revenue influence many aspects of transit management. Passenger ridership influences decisions related to personnel, operating headways, maintenance schedules, vehicle miles, even fleet size. Many transit agencies are mandated to obtain a certain percentage of their operating budget from the farebox. Since ridership translates to revenue, it is important for transit agencies to have a forecasting program in place to provide the means for informed decision making. This paper describes a model that has been validated to forecast average daily ridership on a monthly basis to within .16% error. The forecast for the quarter was on average within .71% of the actual value. Although the model was validated for a three-month period, an annual forecast can be developed using the same technique." @default.
- W66491840 created "2016-06-24" @default.
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- W66491840 date "1998-01-01" @default.
- W66491840 modified "2023-09-26" @default.
- W66491840 title "FORECASTING PASSENGER RIDERSHIP" @default.
- W66491840 hasPublicationYear "1998" @default.
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