Minimizes sum of operating costs-passengers time costs

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An urban bus route has a patronage of 500 passengers/h and a cycle time of 2.5 h. It is operated with buses having a seating capacity of 50 passengers. The operating cost is $60/bus –h and the transit operator believes that passengers value waiting time at $10/h. The ratio of maximum load to the total number of passengers boarding is 0.60 and the operator’s maximum load factor standard is 1.20. Determine the capacity headway, the headway that minimizes the sum of operating costs and passengers’ time costs, and the actual headway to be operated. All headways are to be rounded off the nearest minute.

Reference no: EM131441106

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