The first part of this project research, is to present
A one page research proposal, for this research project.
Part 1. Is needed in one week.
Part 2. Is needed in two weeks.
PART 2
In the last 20 years, many states when faced with increased demand for transportation facilities, have implemented novel congestion pricing strategies.
These strategies include:
*HOT lanes,
*Express lanes,
*Cordon Pricing, etc.
For this project you are to conduct research, on “congestion pricing strategies”, in the USA.
You are to select a congestion pricing facility, and research pricing, strategies in USA.
You are to select a congestion pricing facility of your choice, and research the answer to the following questions:
1. What type of pricing strategy is used on/by the facility?
2. Is the pricing dynamic or static?
3. How often is the price updated?
4. How is Value of Time (VOT) calculated for this facility? (Plot a graph)
6. What time of day is the price Highest? Lowest?
7. Develop a pricing scheme, which you believe will reduce travel time, for the facility. (Show your analysis, of why, this scheme will work.)
The course book used in our class, is:
Textbooks
1.) Transportation-A Supply Chain Perspective (2011) 7th.Ed., Coyle, Novack, Gibson, Bardi (Required)
ISBN 13-978-0-324-78919-5/ISBN-10-0-324-78919-X. South-Western Cengage Learning
2.) Designing and Managing the Supply Chain. Simchi-Levi (Optional) ISBN 0-07-249256-2, 2nd. Ed.
Chapter 4. COSTING AND PRICING IN TRANSPORTATION:
* If at all possible, please mention this book and authors’ in your research.
Transportation – John Joseph Coyle, Edward J. Bardi …
books.google.es/books/about/Transportation.html?id=GKQeAQAAMAAJ
The five chapters give attention to transportation costing and pricing … John J. Coyle is director of corporate relations for the Center for Supply Chain…
Chapter 4 examines costing and pricing in transportation, which was introduced in
Chapter 1. Given the importance of transportation to the cost and value of goods and
services, the topic of costing and pricing deserves the detailed examination it is given
in this chapter. Transportation rates and prices have some unique features that are im-
portant to understand. The economic and managerial dimensions of pricing are covered
to provide an explanation of the theory and practice of transport pricing.
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