👉 Ride math is the science behind determining ticket prices for rides, such as buses, trains, or amusement park attractions, based on factors like demand, time of day, and distance traveled. It involves using mathematical models to balance revenue maximization with passenger demand, often incorporating elements like peak and off-peak pricing, surge pricing during high demand, and discounts for early bookings or group tickets. By analyzing historical data and real-time trends, ride operators can set optimal prices to ensure profitability while remaining competitive and appealing to riders.
