A Study on the Determination of Optimum L.R.T Route from the Viewpoint of Revenue Maimization Principles

수익성을 감안한 경전철의 최적노선 결정방법에 관한 연구

Although subway system continues to be the backbone of transportation systems in a city like Seoul, there will still be areas across the city where subway services are not avaliable. Interest has steadily grown to fill this missing routes in overall urban transportation system. Light Rail Transit (L.R.T) system has been recently thought to be an appropriate mode of transportation by businessmen, professionals and transportation industry. In this regards, the purpose of this study is to explore whether L.R.T can be a feasible form of urban rail mode in the context of Seoul. First, the study develops the mathematical models to derive optimum route networks and stations. Integer Programming is employed to determine whether alternative routes are financially viable from the viewpoint of revenue maximization principles. Second, mathematical models developed are applied to Yoido area in order to examine the validity of model structures. The models constructed turns out be capable of handling alternative routes and stations. Application of models are successfully carried out to derive financially feasible set of routes and stations.