What is an opinion at forecasting in case


Assignment:

1-What is the SWOT analysis in this case?

2-What is your opinion at Forecasting in this case ?

3- Give some New idea ?

Suburban Train Service, Chennai The suburban train service in Chennai, Tamil Nadu shifting to other modes of transport if they are is a very popular mode of public transport. The charged higher for the service. The service operates on one stretch of the city, and is know that even if higher user charges used by passengers to commute between the sub the charges would still be lower than the cost of urbs and the main city. This service is priced very using other mode of transport. A consultant was low and commuters enjoy an 'almost free' ride hired to study the impact of a hike in user charges With the state (like any other state) under pressure on the use/demand for this service and the conse to raise its own revenues the authorities are increas quent contribution to the state exchequer. The ingly looking at the option of revising user charges consultant collected the given in the table below for this service. However, they are worried about You are required to assess the impact of a price whether the move would backfire with commuters hike in the service

Year

Riders per week (000s)

Price (poise
per tide)

Population
(000s)

Income
(Rs)

Price of alternative
mode of transport (poise;

1990

990

50

1440

6000

100

1991

925

70

1450

6400

110

1992

910

70

1440

6500

110

1993

922

70

1430

6600

120

1994

941

70

1420

6900

120

1995

952

70

1415

7000

130

1996

915

90

1408

7300

130

1997

928

90

1390

7500

150

1998

930

90

1396

7600

150

1999

943

90

1390

7800

175

2000

946

90

1400

8000

200

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