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Growth Factor Formula

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The Growth Factor is a dimensionless quantity that represents the rate of change in transportation cost over a specific period of time or distance. Check FAQs

f i = \frac{T i}{t i}

f_i - Growth Factor?T_i - Number of Future Trips in the Zone?t_i - Number of Current Trips in that Zone?

Growth Factor Example

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With units

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Here is how the Growth Factor equation looks like with Values.

Here is how the Growth Factor equation looks like with Units.

Here is how the Growth Factor equation looks like.

0.758 = \frac{13.644}{18}

0.758 = \frac{13.644}{18}

0.758 = \frac{13.644}{18}

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Growth Factor Solution

Follow our step by step solution on how to calculate Growth Factor?

FIRST Step Consider the formula

f i = \frac{T i}{t i}

Next Step Substitute values of Variables

∴

f i = \frac{13.644}{18}

Next Step Prepare to Evaluate

∴

f i = \frac{13.644}{18}

LAST Step Evaluate

∴

f i = 0.758

Growth Factor Formula Elements

Variables

Growth Factor

The Growth Factor is a dimensionless quantity that represents the rate of change in transportation cost over a specific period of time or distance.

Symbol: f_i

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Growth Factor

Number of Future Trips in the Zone

The Number of Future Trips in the Zone is the total number of trips expected to be taken in a specific area or zone in the future.

Symbol: T_i

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Number of Future Trips in the Zone

Number of Current Trips in that Zone

The Number of Current Trips in that Zone is the total number of trips currently being taken in a specific geographic area or transportation zone.

Symbol: t_i

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Number of Current Trips in that Zone

Other formulas in Transportation Cost category

Go Simple Expansion Factor

F i = \frac{a}{b - d}

Go Number of Future Trips in Zone

T i = t i \cdot f i

Go Number of Current Trips

t i = \frac{T i}{f i}

Go Population of Zone for Design Year

P d = \frac{f i \cdot P c \cdot I c \cdot V c}{I d \cdot V d}

How to Evaluate Growth Factor?

Growth Factor evaluator uses Growth Factor = Number of Future Trips in the Zone/Number of Current Trips in that Zone to evaluate the Growth Factor, Growth Factor formula is defined as a measure of the ratio of total transportation cost to the total time taken, providing insights into the efficiency of transportation systems and helping to identify areas for cost reduction and optimization. Growth Factor is denoted by f_i symbol.

How to evaluate Growth Factor using this online evaluator? To use this online evaluator for Growth Factor, enter Number of Future Trips in the Zone (T_i) & Number of Current Trips in that Zone (t_i) and hit the calculate button.

FAQs on Growth Factor

What is the formula to find Growth Factor?

The formula of Growth Factor is expressed as Growth Factor = Number of Future Trips in the Zone/Number of Current Trips in that Zone. Here is an example- 0.333333 = 13.644/18.

How to calculate Growth Factor?

With Number of Future Trips in the Zone (T_i) & Number of Current Trips in that Zone (t_i) we can find Growth Factor using the formula - Growth Factor = Number of Future Trips in the Zone/Number of Current Trips in that Zone.

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Growth Factor Formula

Growth Factor Example

Growth Factor Solution

Growth Factor Formula Elements

Other formulas in Transportation Cost category

How to Evaluate Growth Factor?

FAQs on Growth Factor

Variable Name