Analysis of a Flexible Transit Network in a Radial Street Pattern

Table 1

Important notations and default values.

Parameter		Value		Definition
		20		Value of time
		12		Time cost per stop due to deceleration and acceleration
		13		Additional pick-up and drop-off time required per passenger
		25		Vehicle’s cruising speed
		5		Walking speed
		0.03		Transfer penalty expressed in terms of the equivalent distance walked
		2		Operation cost per vehicle distance
		40		Operating cost per vehicle hour