Load Factor Measurement for Road Transport Corporations
In order to plan its time-tables, a road transport corporation needs to have reliable information on the lead-factors on various bus-trips that are currently operated. Existing information does not permit determination of load-factors on segments of trips, but provide only over-all trip-wise load-factors. Such load-factors need to distinguish between local and through traffic. The conceptual separation of these types of traffic is discussed. An approach to estimating segment load-factors is described which includes development of results for simultaneous confidence intervals for the estimates.
Authors: | R, Patel Nitin |
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Institutions: | Economics, Indian Institute of Management |
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