Jet Fuel Price given Yield Calculator

✖Yield of Aircraft expressed as revenue per passenger mile per kilometer.ⓘ Yield of Aircraft [Y]			+10% -10%
✖Regression Coefficient a of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.ⓘ Regression Coefficient a [a₀]			+10% -10%
✖Airline Industry Wages for airline aircraft utilization are wages paid for all occupations within an industry.ⓘ Airline Industry Wages [W]			+10% -10%
✖Regression Coefficient a2 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.ⓘ Regression Coefficient a2 [a₂]			+10% -10%
✖Air Transport Movement per Aircraft, An air transport movement is a landing or take-off of an aircraft operating a scheduled or non-scheduled service.ⓘ Air Transport Movement per Aircraft [ATM]			+10% -10%
✖Regression Coefficient a3 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.ⓘ Regression Coefficient a3 [a₃]			+10% -10%
✖Regression Coefficient a1 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.ⓘ Regression Coefficient a1 [a₁]			+10% -10%

✖Jet Fuel Price for airline aircraft utilization means the price of the respective fuel as calculated pursuant sections.ⓘ Jet Fuel Price given Yield [JF]

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Jet Fuel Price given Yield Solution

STEP 0: Pre-Calculation Summary

Formula Used

Jet Fuel Price = (Yield of Aircraft-Regression Coefficient a-(Airline Industry Wages*Regression Coefficient a2)-(Air Transport Movement per Aircraft*Regression Coefficient a3))/Regression Coefficient a1
JF = (Y-a₀-(W*a₂)-(ATM*a₃))/a₁
This formula uses 8 Variables

Variables Used

Jet Fuel Price - Jet Fuel Price for airline aircraft utilization means the price of the respective fuel as calculated pursuant sections.
Yield of Aircraft - Yield of Aircraft expressed as revenue per passenger mile per kilometer.
Regression Coefficient a - Regression Coefficient a of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.
Airline Industry Wages - Airline Industry Wages for airline aircraft utilization are wages paid for all occupations within an industry.
Regression Coefficient a2 - Regression Coefficient a2 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.
Air Transport Movement per Aircraft - Air Transport Movement per Aircraft, An air transport movement is a landing or take-off of an aircraft operating a scheduled or non-scheduled service.
Regression Coefficient a3 - Regression Coefficient a3 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.
Regression Coefficient a1 - Regression Coefficient a1 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.

STEP 1: Convert Input(s) to Base Unit

Yield of Aircraft: 45010 --> No Conversion Required
Regression Coefficient a: 10.5 --> No Conversion Required
Airline Industry Wages: 5000 --> No Conversion Required
Regression Coefficient a2: 8 --> No Conversion Required
Air Transport Movement per Aircraft: 100 --> No Conversion Required
Regression Coefficient a3: 10 --> No Conversion Required
Regression Coefficient a1: 4 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

JF = (Y-a₀-(W*a₂)-(ATM*a₃))/a₁ --> (45010-10.5-(5000*8)-(100*10))/4

Evaluating ... ...

JF = 999.875

STEP 3: Convert Result to Output's Unit

999.875 --> No Conversion Required

FINAL ANSWER

999.875 <-- Jet Fuel Price

(Calculation completed in 00.004 seconds)

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Home » Engineering » Civil » Transportation Engineering » Airport Planning and Design » Airport Forecast Methods » Integrated Demand Forecast Framework » Jet Fuel Price given Yield

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Created by Mithila Muthamma PA

Coorg Institute of Technology (CIT), Coorg

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National Institute of Technology Karnataka (NITK), Surathkal

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< Integrated Demand Forecast Framework Calculators

Regression Model Formulation for Yield

LaTeX Go Yield of Aircraft = Regression Coefficient a+(Jet Fuel Price*Regression Coefficient a1)+(Airline Industry Wages*Regression Coefficient a2)+(Air Transport Movement per Aircraft*Regression Coefficient a3)

Air Transport Movement per Aircraft

LaTeX Go Air Transport Movement per Aircraft = (Yield of Aircraft-Regression Coefficient a-(Jet Fuel Price*Regression Coefficient a1)-(Airline Industry Wages*Regression Coefficient a2))/Regression Coefficient a3

Jet Fuel Price given Yield

LaTeX Go Jet Fuel Price = (Yield of Aircraft-Regression Coefficient a-(Airline Industry Wages*Regression Coefficient a2)-(Air Transport Movement per Aircraft*Regression Coefficient a3))/Regression Coefficient a1

Airline Industry Wages

LaTeX Go Airline Industry Wages = (Yield of Aircraft-Regression Coefficient a-(Jet Fuel Price*Regression Coefficient a1)-(Air Transport Movement per Aircraft*Regression Coefficient a3))/Regression Coefficient a2

Jet Fuel Price given Yield Formula

LaTeX Go

What is Revenue Passenger Mile (RPM)?

A Revenue Passenger Mile (RPM) is a transportation industry metric that shows the number of miles traveled by paying passengers and is typically an airline traffic statistic. Revenue passenger miles are calculated by multiplying the number of paying passengers by the distance traveled.

How to Calculate Jet Fuel Price given Yield?

Jet Fuel Price given Yield calculator uses Jet Fuel Price = (Yield of Aircraft-Regression Coefficient a-(Airline Industry Wages*Regression Coefficient a2)-(Air Transport Movement per Aircraft*Regression Coefficient a3))/Regression Coefficient a1 to calculate the Jet Fuel Price, Jet Fuel Price given Yield is defined as airline's biggest single cost. fuel costs up to six times $1,000 (620) tonne for jet fuel. Jet Fuel Price is denoted by JF symbol.

How to calculate Jet Fuel Price given Yield using this online calculator? To use this online calculator for Jet Fuel Price given Yield, enter Yield of Aircraft (Y), Regression Coefficient a (a₀), Airline Industry Wages (W), Regression Coefficient a2 (a₂), Air Transport Movement per Aircraft (ATM), Regression Coefficient a3 (a₃) & Regression Coefficient a1 (a₁) and hit the calculate button. Here is how the Jet Fuel Price given Yield calculation can be explained with given input values -> 999.875 = (45010-10.5-(5000*8)-(100*10))/4.

FAQ

What is Jet Fuel Price given Yield?

Jet Fuel Price given Yield is defined as airline's biggest single cost. fuel costs up to six times $1,000 (620) tonne for jet fuel and is represented as JF = (Y-a₀-(W*a₂)-(ATM*a₃))/a₁ or Jet Fuel Price = (Yield of Aircraft-Regression Coefficient a-(Airline Industry Wages*Regression Coefficient a2)-(Air Transport Movement per Aircraft*Regression Coefficient a3))/Regression Coefficient a1. Yield of Aircraft expressed as revenue per passenger mile per kilometer, Regression Coefficient a of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response, Airline Industry Wages for airline aircraft utilization are wages paid for all occupations within an industry, Regression Coefficient a2 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response, Air Transport Movement per Aircraft, An air transport movement is a landing or take-off of an aircraft operating a scheduled or non-scheduled service, Regression Coefficient a3 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response & Regression Coefficient a1 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.

How to calculate Jet Fuel Price given Yield?

Jet Fuel Price given Yield is defined as airline's biggest single cost. fuel costs up to six times $1,000 (620) tonne for jet fuel is calculated using Jet Fuel Price = (Yield of Aircraft-Regression Coefficient a-(Airline Industry Wages*Regression Coefficient a2)-(Air Transport Movement per Aircraft*Regression Coefficient a3))/Regression Coefficient a1. To calculate Jet Fuel Price given Yield, you need Yield of Aircraft (Y), Regression Coefficient a (a₀), Airline Industry Wages (W), Regression Coefficient a2 (a₂), Air Transport Movement per Aircraft (ATM), Regression Coefficient a3 (a₃) & Regression Coefficient a1 (a₁). With our tool, you need to enter the respective value for Yield of Aircraft, Regression Coefficient a, Airline Industry Wages, Regression Coefficient a2, Air Transport Movement per Aircraft, Regression Coefficient a3 & Regression Coefficient a1 and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

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