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Revenue Passenger Miles Formula

GoRevenue Passenger Miles given Passenger Enplanements Formula

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Revenue Passenger Miles is a transportation industry metric that shows the number of miles traveled by paying passengers and is typically an airline traffic statistic. Check FAQs

RPM = b 0 + (GNP \cdot d) + (Y \cdot c)

RPM - Revenue Passenger Miles?b₀ - Regression Coefficient b?GNP - Real Gross National Product?d - Regression Coefficient d?Y - Yield of Aircraft?c - Regression Coefficient?

Revenue Passenger Miles Example

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Here is how the Revenue Passenger Miles equation looks like with Values.

Here is how the Revenue Passenger Miles equation looks like with Units.

Here is how the Revenue Passenger Miles equation looks like.

36104.61 = 0.01 + (460 \cdot 0.21) + (45010 \cdot 0.8)

36104.61 = 0.01 + (460 \cdot 0.21) + (45010 \cdot 0.8)

36104.61 = 0.01 + (460 \cdot 0.21) + (45010 \cdot 0.8)

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Revenue Passenger Miles Solution

Follow our step by step solution on how to calculate Revenue Passenger Miles?

FIRST Step Consider the formula

RPM = b 0 + (GNP \cdot d) + (Y \cdot c)

Next Step Substitute values of Variables

∴

RPM = 0.01 + (460 \cdot 0.21) + (45010 \cdot 0.8)

Next Step Prepare to Evaluate

∴

RPM = 0.01 + (460 \cdot 0.21) + (45010 \cdot 0.8)

LAST Step Evaluate

∴

RPM = 36104.61

Revenue Passenger Miles Formula Elements

Variables

Revenue Passenger Miles

Revenue Passenger Miles is a transportation industry metric that shows the number of miles traveled by paying passengers and is typically an airline traffic statistic.

Symbol: RPM

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Revenue Passenger Miles

Regression Coefficient b

Regression Coefficient b of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.

Symbol: b₀

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Regression Coefficient b

Real Gross National Product

Real Gross National Product is the total value of all finished goods and services produced by a country's citizens in a given financial year, irrespective of their location.

Symbol: GNP

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Real Gross National Product

Regression Coefficient d

Regression Coefficient d of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.

Symbol: d

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Regression Coefficient d

Yield of Aircraft

Yield of Aircraft expressed as revenue per passenger mile per kilometer.

Symbol: Y

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Yield of Aircraft

Regression Coefficient

Regression Coefficient of model formulation are estimates of the unknown parameters and describe the relationship between a predictor variable and the response.

Symbol: c

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Regression Coefficient

Other Formulas to find Revenue Passenger Miles

Go Revenue Passenger Miles given Passenger Enplanements

RPM = EI i \cdot L

Other formulas in Integrated Demand Forecast Framework category

Go Regression Model Formulation for Yield

Y = a 0 + (JF \cdot a 1) + (W \cdot a 2) + (ATM \cdot a 3)

Go Jet Fuel Price given Yield

JF = \frac{Y - a 0 - (W \cdot a 2) - (ATM \cdot a 3)}{a 1}

Go Airline Industry Wages

W = \frac{Y - a 0 - (JF \cdot a 1) - (ATM \cdot a 3)}{a 2}

Go Air Transport Movement per Aircraft

ATM = \frac{Y - a 0 - (JF \cdot a 1) - (W \cdot a 2)}{a 3}

How to Evaluate Revenue Passenger Miles?

Revenue Passenger Miles evaluator uses Revenue Passenger Miles = Regression Coefficient b+(Real Gross National Product*Regression Coefficient d)+(Yield of Aircraft*Regression Coefficient) to evaluate the Revenue Passenger Miles, The Revenue Passenger Miles is defined as a transportation industry metric that shows the number of miles traveled by paying passengers and is typically an airline traffic statistic. Revenue Passenger Miles is denoted by RPM symbol.

How to evaluate Revenue Passenger Miles using this online evaluator? To use this online evaluator for Revenue Passenger Miles, enter Regression Coefficient b (b₀), Real Gross National Product (GNP), Regression Coefficient d (d), Yield of Aircraft (Y) & Regression Coefficient (c) and hit the calculate button.

FAQs on Revenue Passenger Miles

What is the formula to find Revenue Passenger Miles?

The formula of Revenue Passenger Miles is expressed as Revenue Passenger Miles = Regression Coefficient b+(Real Gross National Product*Regression Coefficient d)+(Yield of Aircraft*Regression Coefficient). Here is an example- 36104.61 = 0.01+(460*0.21)+(45010*0.8).

How to calculate Revenue Passenger Miles?

With Regression Coefficient b (b₀), Real Gross National Product (GNP), Regression Coefficient d (d), Yield of Aircraft (Y) & Regression Coefficient (c) we can find Revenue Passenger Miles using the formula - Revenue Passenger Miles = Regression Coefficient b+(Real Gross National Product*Regression Coefficient d)+(Yield of Aircraft*Regression Coefficient).

What are the other ways to Calculate Revenue Passenger Miles?

Here are the different ways to Calculate Revenue Passenger Miles-

Revenue Passenger Miles=Domestic Passenger Enplanement*Average Trip Length

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Revenue Passenger Miles Formula

​GoRevenue Passenger Miles given Passenger Enplanements Formula

Revenue Passenger Miles Example

Revenue Passenger Miles Solution

Revenue Passenger Miles Formula Elements

Other Formulas to find Revenue Passenger Miles

Other formulas in Integrated Demand Forecast Framework category

How to Evaluate Revenue Passenger Miles?

FAQs on Revenue Passenger Miles

Variable Name

GoRevenue Passenger Miles given Passenger Enplanements Formula