Time savings: Research into the value of time

2009 ◽  
pp. 235-271 ◽  
Author(s):  
The MVA Consultancy et al
Keyword(s):  
Author(s):  
Kazuya Kawamura

Empirically derived value-of-time distributions are used to calculate the perceived benefits from the time saved by trucks in using toll lanes. The conditions on the SR-91 congestion pricing facility in California are used in a case study. Assuming that the value of time for trucks is lognormally distributed, the probabilistic truck mode share for the toll lanes was estimated separately for in-house and for-hire trucks. The mean values of time for toll-lane users and nonusers were estimated using Monte Carlo simulations. The benefits were calculated as the value of travel time savings that accrue for both toll-lane users and nonusers. The analyses found that the opening of the congestion pricing facility in 1995 has resulted in more than $2 million in annual savings for trucks. Trucks would realize an added $660,000 annually if the toll lanes were open to trucks. The disproportional share of the benefit goes to a few trucks with very high values of time, especially when the toll is expensive. Also, forhire trucks receive, on average, greater benefit than in-house carriers because of higher values of time.


2017 ◽  
Vol 2 (2) ◽  
Author(s):  
Lasmini Ambarwati ◽  
Amelia K Indraistuti ◽  
Pretiwindya Kusumawardhani

Values of travel time are essential factors in the design of transport infrastructure. The value of time is used in transport models to monetize travel time related to the socio-economic background of travelers. This paper assesses the estimation of the value of time based on questionnaires distributed to travelers in a preference survey. The mode choice approach is employed to estimate these values dependent on vehicle classes for weekdays and at the weekend. Two of the main conclusions using the mode choice approach are that the value of time for private vehicle users is approximately 1.5 times the value of time for public transport users; and the value of travel time on the weekday is twice that of the weekend. This indicates that public transport passengers have more travel time savings than when they use other modes. Another method, the income approach, arrives at similar values of time as that estimated by the mode choice approach. The willingness to use public transport in weekdays is increasing. As a consequence, public transport should be operated at a higher frequency.


2015 ◽  
Vol 3 (2) ◽  
pp. 12-16
Author(s):  
Miloš Poliak ◽  
◽  
Štefánia Semanová ◽  
Lenka Komačková ◽  
Michaela Mrníková

The paper deals with the definition of time savings as a factor in deciding on route choice of a carrier whether to use toll road network. The first part of the paper describes a history of road infrastructure charging in the EU Member States and the USA. Next part analyses the factors affecting decision-making process of a carrier when considering which road infrastructure to use – toll or non-tolled roads. The paper also identifies the value of time savings as a significant factor in route choice.


Author(s):  
D.S. Patrick ◽  
L.C. Wagner ◽  
P.T. Nguyen

Abstract Failure isolation and debug of CMOS integrated circuits over the past several years has become increasingly difficult to perform on standard failure analysis functional testers. Due to the increase in pin counts, clock speeds, increased complexity and the large number of power supply pins on current ICS, smaller and less equipped testers are often unable to test these newer devices. To reduce the time of analysis and improve the failure isolation capabilities for failing ICS, failure isolation is now performed using the same production testers used in product development, multiprobe and final test. With these production testers, the test hardware, program and pattern sets are already available and ready for use. By using a special interface that docks the production test head to failure isolation equipment such as the emission microscope, liquid crystal station and E-Beam prober, the analyst can quickly and easily isolate the faillure on an IC. This also enables engineers in design, product engineering and the waferfab yield enhancement groups to utilize this equipment to quickly solve critical design and yield issues. Significant cycle time savings have been achieved with the migration to this method of electrical stimulation for failure isolation.


2000 ◽  
Vol 41 (7) ◽  
pp. 103-110 ◽  
Author(s):  
G. Stanfield ◽  
E. Carrington ◽  
F. Albinet ◽  
B. Compagnon ◽  
N. Dumoutier ◽  
...  

With funding from the European Commission, a consortium of members of the European Water Research Institutes is carrying out a programme of work with the objective of optimising and standardising a method for determining the presence in water of (oo)cysts of Cryptosporidium and Giardia. Each of the stages of the conventional analysis procedure (initial concentration, recoveryand identification and enumeration) are being investigated and the relative merits of existing and new methods are being assessed. Newly developed filters (Envirochek and Filta-Max) have been shown to be more efficient for initial recovery of (oo)cysts from water than the previously used Cuno cartridge filters. In addition, for the analysis of raw waters, flocculationwith ferric sulphate has been shown to give recoveries similar to the Envirochek and Filta Max. Modern purification systems such as immunomagnetic separation have also been assessed and found to offer some advantages over flotation although optimisation of the latter has brought improved efficiency. Preliminary assessment of solid phase cytometry has indicated that this technique could offer significant time savings compared to conventional microscopic counting. The results of the study will be used to propose a revised standard method to CEN.


Author(s):  
Peter Scott

The vacuum cleaner was an archetypal new economy product of the early twentieth century. It offered both major time savings and qualitative advantages over previous household cleaning methods—the brush, broom, and manual carpet sweeper—and was sold in a novel way (by household demonstration). The direct sales techniques pioneered by vacuum manufacturers in the United States were to have a profound impact on the way vacuums were sold in Britain, and globally. Yet by 1939 their household diffusion was relatively slow compared to refrigerators or washing machines. This chapter explores why the industry evolved a structure based on high prices, high cost distribution methods (door-to-door sales), and a strong emphasis on non-price competition, based on differentiation through features. It also shows how door-to-door selling eventually came to constitute both a key firm-level competitive advantage and a substantial industry-level constraint on product diffusion.


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