Use 2 decimal places in your final 3. A new office park is considering to start an express bus service for workers. A survey of office park commuters is conducted and found that mode choice is affected by out-of-pocket costs (OPC) and total travel time (TTT) where the mode utility is expressed by the function Um ao 0.47OPCm - 0.22TTT Mode Automobile Bus OPC TTT ao 0.73 10.5 0 0.75 18 --- a. What is the expected percentage of bus riders based on the parameters given? What would the bus mode share be if the bus fare is reduced to zero? b.

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter3: Graphing Linear Functions
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Use 2 decimal places in your final
3.
A new office park is considering to start an express bus service for workers. A survey of office park commuters is conducted and found that
mode choice is affected by out-of-pocket costs (OPC) and total travel time (TTT) where the mode utility is expressed by the function
Um ao 0.47OPCm - 0.22TTT
a.
b.
Mode
Automobile
Bus
ao
0.73
0
OPC
TTT
10.5
0.75 18
---
What is the expected percentage of bus riders based on the parameters given?
What would the bus mode share be if the bus fare is reduced to zero?
Transcribed Image Text:Use 2 decimal places in your final 3. A new office park is considering to start an express bus service for workers. A survey of office park commuters is conducted and found that mode choice is affected by out-of-pocket costs (OPC) and total travel time (TTT) where the mode utility is expressed by the function Um ao 0.47OPCm - 0.22TTT a. b. Mode Automobile Bus ao 0.73 0 OPC TTT 10.5 0.75 18 --- What is the expected percentage of bus riders based on the parameters given? What would the bus mode share be if the bus fare is reduced to zero?
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