THE USE OF COSTS IN RAILWAY DECISION MAKING

These notes summarize the use of costs in railway accounting and then raise some issues related to the use of costs. The costs discussed are Long Term Variable Unit Costing techniques as differentiated from budget/Financial Expense Accounting. While emphasis has been placed on what costs are or were, more time must be spent in establishing cost trends and on "resource input substitution" as tools in estimating future costs. The particular problems of accounting as required by regulation in Canada are mentioned. The author concludes with eight issues which he claims are vital in realistic rail pricing.

  • Supplemental Notes:
    • Presented at the Transportation Research Forum, Toronto, Nov. 4, 1975.
  • Corporate Authors:

    Canadian National Railways

    935 la Gauchetiere Street, West
    Montreal, Quebec H3C 3N4,   Canada 
  • Authors:
    • Buchholz, E
  • Publication Date: 1975

Media Info

  • Pagination: 10 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00129171
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Feb 19 1976 12:00AM