00319335

Component

http://onlinepubs.trb.org...s/trr/1980/746/746-004.pdf

https://scholar.google.co...peri&publication_year=1980

An agency resource-allocation model is presented that allows a fuller understanding of performance by linking aggregate performance indicators with diaggregated measures of route-level activity. The evaluative framework is based on the portfolio-choice model of financial management. In this model, aggregate return and risk parameters are found by examining the resource-allocation pattern and ridership levels for individual routes. Although this is primarily an economic utility-maximizing approach, the model paramenters were calcualted for two time periods and compared in an evaluation of resource reallocation. Before and after levels of service and ridership counts for 41 routes operated by the San Diego Transit Corporation Provide the inputs to the modeling effort. Results show that the average return increased with minimal risk impacts in the post-reallocation period, indicating a better resource-allocation package. The relationship between resource allocation and the aggregated average return is thus made explicit and the change in aggregate indicators viewed directly as a function of management and operational considerations at the route level. Finally, the model or method of analysis is evaluated in terms of both its conceptual and measurement procedures. (Author)

Publication of this paper sponsored by Committee on Transit Service Characteristics. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.

01411571

pp 19-24

1980

Transportation Research Record

0309030552

Print

Figures (3) ; References (15) ; Tables (2)

Level of service; Mathematical models; Measures of effectiveness; Resource allocation; Ridership; Systems analysis; Transportation

Models

Planning and Forecasting; Society; Transportation (General); I10: Economics and Administration; I72: Traffic and Transport Planning

TRIS, TRB

Oct 27 1980 12:00AM

• DEVELOPMENT AND APPLICATION OF PERFORMANCE MEASURES FOR A MEASURES FOR A MEDIUM-SIZED TRANSIT SYSTEM
• DIAGNOSTIC TOOLS IN TRANSIT MANAGEMENT
• EVALUATING POTENTIAL EFFECTIVENESS OF HEADWAY CONTROL STRATEGIES FOR TRANSIT SYSTEMS
• HIERARCHICAL PROCEDURES FOR DETERMINING VEHICLE AND CREW REQUIREMENTS FOR MASS TRANSIT SYSTEMS
• INITIAL REACTIONS TO A CENTRAL BUSINESS DISTRICT BUS TRANSIT MALL IN HONOLULU
• NOTE ON BUS ROUTE EXTENSIONS (ABRIDGMENT)
• Operational Improvements in a Two-City Bus Transit Corridor
• RECENT EXPERIENCE WITH ACCESSIBLE BUS SERVICES
• SYSTEMATIC PROCEDURE FOR ANALYSIS OF BUS GARAGE LOCATIONS
• TRANSIT RIDERSHIP IN AN INTENSE TRANSIT ENVIRONMENT: SOME OBSERVATIONS
• USE OF FEDERAL SECTION 15 DATA IN TRANSIT PERFORMANCE EVALUATION: MICHIGAN PROGRAM (ABRIDGMENT)
• WHAT PUBLIC TRANSPORTATION MANAGEMENT SHOULD KNOW ABOUT POSSIBLE USER REACTIONS, AS SHOWN BY THE EXAMPLE OF PRICE SENSITIVITY