2. Overview Detailed description of Cost Matrices – Commuter – Transportation – Accessibility Steps to building a simulation and understanding your results

3. Commuter Cost Matrix Captures changes to time per trip for off- the-clock, work-related trips. Calculated through VHT/Trips Think—Would NYC still be a financial center without its subway system?

4. Transportation Cost Matrix Captures the on-the- clock business travel and transport of goods. Calculated in two ways: – Ratio of VMT to VHT between alternate and baseline scenarios – Cost per trip of commercial truck deliveries

5. Accessibility Cost Matrix Calculates changes in access to intermediate inputs and consumer goods Explains residual bias toward local suppliers Calculated through Trips/VHT

6. Accessibility Cost Matrix Baseline value calculated with REMI dynamic estimation to estimate distance deterrence factors which are normalized to 1.

7. Capturing Mobility Benefits of Long-Range Plans (1) Step 1-Importing Travel Files – “maintenance only” base case – “maintenance + capacity improvement” alternate case

8. Capturing Mobility Benefits of Long-Range Plans (2) Step 2-Identifying Adjustments to Simulation Options – Emissions – Safety – Operating Costs – Value of Time – Cost Matrices

9. Capturing Mobility Benefits of Long-Range Plans (3) Step 3- Understanding the Results – Analytical graphs – Labor productivity? – Sector sensitivity to transportation? – Industrial composition? – Cross-regional benefits?

10. Capturing Mobility Benefits of Long-Range Plans (3) Access to Market HighLow Access to Inputs High Hospitals Motor Vehicle Manufacturing Low Restaurants and Retail Oil and Gas Extraction

11. Coming Up Next Time Session 3: Client Application – Step-by-step walkthrough of two road projects – comparing benefits and costs