| Author | Somchai Kiartivich |
| Call Number | AIT RSPR no. IE-86-19 |
| Subject(s) | Transportation--Economic aspects
|
| Note | A research study submitted in partial fulfillment of the requirements for the degree of Master of Engineering, School of Engineering and Technology |
| Publisher | Asian Institute of Technology |
| Abstract | The study presents an economic evaluation of a privately-owned company's investment of operating passenger buses on some
inter- city bus routes. Forecasts of passenger demand in terms of
the number of bus trips, which at l east is required to meet the
passenger demand, are estimated by time-series techniques to be a
main basis for modelling both passenger revenue and bus operating
cost . Regression methods are applied to discover and measure the
effect of relevant independent variables on both passenger
revenue and bus operating cost. Findings indicate that a double
logarithmic transformation is appropriate a nd facilitates de fining
of the elasticity, which is very elastic in case of the passenger
fare elasticity of bus revenue. Within the net present value and
the internal rate of return criteria, a financial cost-benefit
analysis is employed. Finally, sensitivity analysis on relaxing
of some sensitive figures are taking into account. It is also
suggested how the company should do in the decision making of inter-city bus operations. |
| Year | 1986 |
| Type | Research Study Project Report (RSPR) |
| School | School of Engineering and Technology (SET) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Industrial Engineering (IE) |
| Chairperson(s) | Tang, John C.S.
|
| Examination Committee(s) | Frausum, Yves G. Van ;Miyamoto, Kazuaki
|
| Scholarship Donor(s) | The Government of Australia |
| Degree | Research Studies Project Report (M. Eng.) - Asian Institute of Technology, 1986 |