Percent Market Share for Region 'j' Formula

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Percent Market Share for Region of total state market is the percent of total sales in an industry generated by a particular company. Check FAQs
Ms/us=EIiMi/jMi/sMUSEUS
Ms/us - Percent Market Share for Region?EIi - Domestic Passenger Enplanement?Mi/j - Domestic Passenger Enplanement in Location 'i'?Mi/s - Percent Market Share for Airport 'i'?MUS - Percent Market Share of State?EUS - Total Scheduled Domestic Passenger?

Percent Market Share for Region 'j' Example

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With units
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Here is how the Percent Market Share for Region 'j' equation looks like with Values.

Here is how the Percent Market Share for Region 'j' equation looks like with Units.

Here is how the Percent Market Share for Region 'j' equation looks like.

0.2976Edit=40Edit56Edit0.4Edit0.12Edit50Edit
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Percent Market Share for Region 'j' Solution

Follow our step by step solution on how to calculate Percent Market Share for Region 'j'?

FIRST Step Consider the formula
Ms/us=EIiMi/jMi/sMUSEUS
Next Step Substitute values of Variables
Ms/us=40560.40.1250
Next Step Prepare to Evaluate
Ms/us=40560.40.1250
Next Step Evaluate
Ms/us=0.297619047619048
LAST Step Rounding Answer
Ms/us=0.2976

Percent Market Share for Region 'j' Formula Elements

Variables
Percent Market Share for Region
Percent Market Share for Region of total state market is the percent of total sales in an industry generated by a particular company.
Symbol: Ms/us
Measurement: NAUnit: Unitless
Note: Value can be positive or negative.
Domestic Passenger Enplanement
Domestic Passenger Enplanement is defined as a passenger boarding a plane at a particular airport.
Symbol: EIi
Measurement: NAUnit: Unitless
Note: Value can be positive or negative.
Domestic Passenger Enplanement in Location 'i'
Domestic Passenger Enplanement in Location 'i'. Enplaned Passengers means Originating Passengers and connecting passengers boarded at Airport, also the passengers traveling on frequent flyer coupons.
Symbol: Mi/j
Measurement: NAUnit: Unitless
Note: Value can be positive or negative.
Percent Market Share for Airport 'i'
Percent Market Share for Airport 'i' of total scheduled domestic total passenger enplanement in rejoin 'j'.
Symbol: Mi/s
Measurement: NAUnit: Unitless
Note: Value can be positive or negative.
Percent Market Share of State
Percent Market Share of State is the percent of total sales in an industry generated by a particular state.
Symbol: MUS
Measurement: NAUnit: Unitless
Note: Value can be positive or negative.
Total Scheduled Domestic Passenger
Total Scheduled Domestic Passenger enplanement means the boarding of an aircraft by a revenue passenger, including an original, stopover, or transfer boarding of the aircraft.
Symbol: EUS
Measurement: NAUnit: Unitless
Note: Value can be positive or negative.

Other formulas in Conventional Airport Forecast Methods category

​Go Domestic Passenger Enplanement
EIi=Mi/jMi/sMs/usMUSEUS
​Go Domestic Passenger Enplanement in Location i
Mi/j=EIiMi/sMs/usMUSEUS
​Go Percent Market Share for Airport
Mi/s=EIiMi/jMs/usMUSEUS
​Go Percent Market Share of State of total US Market
MUS=EIiMi/jMi/sMs/usEUS

How to Evaluate Percent Market Share for Region 'j'?

Percent Market Share for Region 'j' evaluator uses Percent Market Share for Region = Domestic Passenger Enplanement/(Domestic Passenger Enplanement in Location 'i'*Percent Market Share for Airport 'i'*Percent Market Share of State*Total Scheduled Domestic Passenger) to evaluate the Percent Market Share for Region, The Percent Market Share for Region 'j' is defined as of total scheduled domestic total passenger enplanement of total US market. Percent Market Share for Region is denoted by Ms/us symbol.

How to evaluate Percent Market Share for Region 'j' using this online evaluator? To use this online evaluator for Percent Market Share for Region 'j', enter Domestic Passenger Enplanement (EIi), Domestic Passenger Enplanement in Location 'i' (Mi/j), Percent Market Share for Airport 'i' (Mi/s), Percent Market Share of State (MUS) & Total Scheduled Domestic Passenger (EUS) and hit the calculate button.

FAQs on Percent Market Share for Region 'j'

What is the formula to find Percent Market Share for Region 'j'?
The formula of Percent Market Share for Region 'j' is expressed as Percent Market Share for Region = Domestic Passenger Enplanement/(Domestic Passenger Enplanement in Location 'i'*Percent Market Share for Airport 'i'*Percent Market Share of State*Total Scheduled Domestic Passenger). Here is an example- 0.297619 = 40/(56*0.4*0.12*50).
How to calculate Percent Market Share for Region 'j'?
With Domestic Passenger Enplanement (EIi), Domestic Passenger Enplanement in Location 'i' (Mi/j), Percent Market Share for Airport 'i' (Mi/s), Percent Market Share of State (MUS) & Total Scheduled Domestic Passenger (EUS) we can find Percent Market Share for Region 'j' using the formula - Percent Market Share for Region = Domestic Passenger Enplanement/(Domestic Passenger Enplanement in Location 'i'*Percent Market Share for Airport 'i'*Percent Market Share of State*Total Scheduled Domestic Passenger).
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