Traffic Volume Forecasting Model by using Elasticity Method and Exponential Smooth Model for Main National Roads of Rwanda
Keywords:Elasticity method, traffic forecasting, smooth, national roads, Rwanda
The accuracy in traffic forecasting helps the planners to have a good plan about the highways as the forecasting volume has been recognized as one of the factors that involve in the analysis of highway planning, reconstruction, new construction as well as maintenance. This paper presents the models to forecast the selected main roads in Rwanda by comparing two methods: elastic method and exponential smooth model. This study shows that the traffic forecasting by using exponential smooth model can overestimate and doesnâ€™t consider the demographic as well as economic variables and shows that the elastic model is a best method to estimate and forecast the traffic volume as it combines the demographic data as well as the economic ones but the rate is slow. The best estimate is the combination of the two methods.
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