Elastic Demand Forecast Indexes
The table describes the elastic demand forecast indexes.
| Elastic Demand Forecast Indexes | Description |
|---|---|
| Fare Level | The cost to the passenger |
| Service Frequency | How often service vehicles pass a stop point |
| Journey Duration | Includes the time it takes the passenger to walk to the stop, the time spent waiting, and the time spent travelling |
| Reliability | How closely the service adheres to the schedule |
| Vehicle Type | The quality of the vehicle in service |