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System and method for vehicle routing using monetary cost

  • US 9,097,547 B2
  • Filed: 03/15/2013
  • Issued: 08/04/2015
  • Est. Priority Date: 03/15/2013
  • Status: Active Grant
First Claim
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1. A vehicle routing system comprising:

  • a) a user interface operable to collect from a useri. a start point and end point for which a route is requested; and

    ii. a cost parameter for said user, said cost parameter comprising monetary value of the user'"'"'s time as a currency amount per a unit of time; and

    iii. a time category for varying the cost parameter of said user according to the user'"'"'s valuation of their time in different circumstances;

    b) a routing database comprising toll information for routes in a territory; and

    c) a routing engine operable toi. determine one or more candidate routes between the start point and the end point by varying the usage of toll routes, each candidate route having a toll cost and a time savings compared to a fastest no-cost route having no tolls;

    ii. compute for each candidate route a monetary cost per the unit of time from its time savings and toll cost; and

    iii. select for output the candidate route having the highest time savings and a monetary cost per the unit of time that is lower than the cost parameter varied by the time category.

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