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Table 3 Fare adjustment results

From: Analyzing Bangkok city taxi ride: reforming fares for profit sustainability using big data driven model

 

Real (no traffic) trip

Real (traffic) trip

Average trip

Actual profit

57

57

57

Net profit

46

34

40

Recommend fare

64

72

68

Difference (%)

20

40

30

Additional fare

7

15

7.5