Transportation Planning and Engineering

Lecture 10

Land Use and Transportation

Transportation

 Multi-User
 Multi-Scale
 Multi-Modal
 Multi-Impacts
 Transportation System
 Complex processes between
 User and User
 User and Vehicle
 User and Infrastructure Infrastructure
 Vehicle and Vehicle
 Vehicle and Infrastructure
 Infrastructure and
Users Vehicles
infrastructure
 ………………………….
 Institution and Institution Institutions
 System Analysis
 Goals – broad statements of Investigate and Identify Problem
needs & wants
Establish Goals
 Objectives – more specific
identification of how goals
Define Objectives
are to be achieved
 MOEs – quantitative or Establish Criteria
qualitative measurement of
objective achievement Design Alternatives
 MOC – consequences of
decisions Evaluate Alternatives
 Criterion – decision rule
relating MOE to MOC No
Satisfied?
Yes
Implement Chosen Alternative
 Transportation
Demand & Supply
Demand
 Willingness to purchase, quantity consumed
 Function of generalized cost (it is the sum of the monetary and
non-monetary costs of a journey)

Supply
 Service/quantity to be offered/produced at a given price
 Quality
Demand and supply
Market relations between prospective buyers
and sellers of a commodity (good or service)
Demand
Supply
 Quantity which
consumers are willing to • Price at which
buy producers are prepared
 Depends on perceived to sell
utility or generalized cost • Depends on expected
 Depends on consumer’s revenue
 Needs
 Preferences
 Purchasing power

7
Demand and supply

8
Demand and supply

9
Source: Federal Trade Commission, 2005. Gasoline Price Changes: The Dynamic of Supply, Demand, and Competition
QUESTIONS !!!!