The alphabetical order notations below if for your reference in this tutorial. You can refer back later if necessary.
= Portion of distance per trip (half of the cycle) that normally traveled by all passengers (percent)
= Total benefit after conversion into present time value ($)
= Total cost after conversion into present time value ($)
= Interest rate (percent)
= Period of usage year that a bus can be operated from purchasing time until is sold again (years)
= average distance travel of by all passengers (km)
One cycle is from origin station to destination station and back to origin station again.
= Number of cycles (origin->destination->origin) that a bus can operate in one day (cycle/day)
= Benefit of a bus system from the operation per day ($/day)
= Total distance that a bus will operate in one day (km/day)
= Total distance that a bus will operate in one cycle (km/cycle).
= Monthly salary of a bus driver ($/month)
= Price of engine oil per can ($/can)
= Payment that passenger that received by the system ($/passenger)
= Price of the bus after usage year ($)
= Gasoline price per liter
= Purchasing cost of one bus ($)
= Average fluctuation of demand in that particular route (1/cycle)
= Average speed of operation that include the effect of traffic congestion (km/hour)
= Number of passengers in one cycle (passengers/cycle).
= Time reduction due stopping time to boarding and alighting of passengers along the way and some reduce time due to slowing down to get the passengers (hour/passenger).
= Total number of hours spends by a bus to operate in one cycle.
= Total yearly administrative (tax, vehicle inspection, administrators) and simple maintenance such as cleaning and painting ($/year)
= Total benefit in one year ($/year)
= Total distance of bus operation throughout one year (km/year)
= Bus driver salary for one year ($/year)
= Total cost due to engine oil for the operation of the bus ($/year)
= Total cost due to gasoline for the operation of the bus ($/year)
= Total operating cost in one year ($/year) which include all operation, administrative and maintenance cost but exclude initial purchasing cost.
= Total cost due to tire for the operation of the bus ($/year)
= Total distance of that a bus can run using one can of engine oil (km/can)
= Total distance of that a bus can run using one liter of gasoline (km/liter)
= Total distance of that one tire in a bus can run until need to be replaced (km)
= Total number of passenger can ride a bus (passengers)
= Number of working day per year that the bus can be operated
Preferable reference for this tutorial is
Teknomo, Kardi (2006) Tutorial on Feasibility Study. http://people.revoledu.com/kardi/tutorial/What-If-Analysis/index.html