International Encyclopedia of Transportation 2021
DOI: 10.1016/b978-0-08-102671-7.10447-6
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Transit Planning and Management

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“…In these instances, temporal, spatial, and other cost variability is not monitored or used in making resource allocation decisions. Instead, many transit operators, through either administrative choice or policy directive, supply transit service either in a coverage-based format that emphasizes equal or minimal levels of service across the network, or a performance-based format that is more demand-focused but not necessarily considerate of cost or cost recovery patterns ( 10 ). As well, transit operators generally do not account for capital assets in their accounting cost models, leading to service times or locations that are capital-intensive but not labor-intensive having deflated cost estimates, or vice-versa for services that are labor-intensive but not capital-intensive (Taylor et al ( 1 )).…”
Section: Accounting Cost Models In Transitmentioning
confidence: 99%
“…In these instances, temporal, spatial, and other cost variability is not monitored or used in making resource allocation decisions. Instead, many transit operators, through either administrative choice or policy directive, supply transit service either in a coverage-based format that emphasizes equal or minimal levels of service across the network, or a performance-based format that is more demand-focused but not necessarily considerate of cost or cost recovery patterns ( 10 ). As well, transit operators generally do not account for capital assets in their accounting cost models, leading to service times or locations that are capital-intensive but not labor-intensive having deflated cost estimates, or vice-versa for services that are labor-intensive but not capital-intensive (Taylor et al ( 1 )).…”
Section: Accounting Cost Models In Transitmentioning
confidence: 99%