Variable Pricing

Xerox is also showcasing its dynamic pricing technology at their booth, highlighting its tolling and parking applications. The company’s pricing algorithm dynamically computes the toll price at a pre-configured frequency by processing traffic data from general purpose and HOT lanes in real-time.
May 22, 2012 Read time: 1 min
4186 Xerox is also showcasing its dynamic pricing technology, highlighting its tolling and parking applications. The company’s pricing algorithm dynamically computes the toll price at a pre-configured frequency by processing traffic data from general purpose and HOT lanes in real-time.

The dynamic pricing subsystem maintains various fare tables including variable pricing, step pricing, time of day and congestion while defining holiday and special event pricing schedules.

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