Revenue of Bandra-Worli Sea Link
Revenue of Bandra-Worli Sea Link
Case Statement:
Estimate the revenue for Bandra-Worli sea-link on any given day
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Background Information
Place: A toll-bridge in Mumbai with 8 tolls: 4 for each side of travel
Product: Only 4-wheelers
Total Revenue for one side (4 lanes) = 64,800 + 10,800 + 135,000 + 22,500 + 1,200 + 16,200 = 250,500
Total Revenue for all both sides (4*2=8 tolls): 250,500*2=501,000
Case Tips
Supply side approach optimum for the problem
One car assumed to take 30s to travel through a toll gate in peak hours (120 cars/hr/toll gate). This baseline was used to estimate frequency of cars in non-peak & night hours
For peak hours and non-peak hours, LMVs were considered to constitute 90% of vehicle volumes and HMVs as 10%. The converse was assumed for night hours. (Note: The assumptions were validated by interviewer before proceeding with the calculations)
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