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Florida International University

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Value of Reliability

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Understanding The Value Of Travel Time Reliability For Freight Transportation To Support Freight Planning, Kollol Shams 3085942 Nov 2016

Understanding The Value Of Travel Time Reliability For Freight Transportation To Support Freight Planning, Kollol Shams 3085942

FIU Electronic Theses and Dissertations

Today’s logistics practices are moving from inventory-based push supply chains to replenishment-based pull supply chains, leading to a lower and less centralized inventory, smaller shipment sizes, and more just-in-time deliveries. As a result, industries are now demanding greater reliability in freight transportation. Delays and uncertainty in freight transportation translate directly into additional inventory, higher manufacturing costs, less economic competitiveness for businesses, and higher costs of goods that are being passed on to the consumers. Given the growing demand in freight transportation, the emerging needs to better understand freight behavior for better policy and investment decisions, and the increasing role of …


Impacts Of User Heterogeneity And Attitudinal Factors On Roadway Pricing Analysis - Investigation Of Value Of Time And Value Of Reliability For Managed Lane Facilities In South Florida, Md Sakoat Hossan Feb 2016

Impacts Of User Heterogeneity And Attitudinal Factors On Roadway Pricing Analysis - Investigation Of Value Of Time And Value Of Reliability For Managed Lane Facilities In South Florida, Md Sakoat Hossan

FIU Electronic Theses and Dissertations

Managed lane refers to the application of various operational and design strategies on highway facilities to improve system efficiency and mobility by proactively allocating traffic capacity to different lanes. One of the key elements to understand the behavior changes and underlying causalities in user responses to managed lanes is to examine the value of time (VOT) and value of reliability (VOR). The breadth of this dissertation encompasses two major dimensions of VOT and VOR estimation – distributions or variations across different users and under different circumstances; and influences of unobserved attitudinal characteristics on roadway pricing valuation.

To understand travelers’ choice …