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.
- Presented at the Transportation Research Forum, Toronto, Nov. 4, 1975.
Canadian National Railways935 la Gauchetiere Street, West
Montreal, Quebec H3C 3N4, Canada
- Buchholz, E
- Publication Date: 1975
- Pagination: 10 p.
- TRT Terms: Accounting; Analysis; Capital investments; Costs; Pricing; Rates; Regulation; Regulations
- Uncontrolled Terms: Cost analysis
- Geographic Terms: Canada
- Old TRIS Terms: Government regulations; Rate regulation
- Subject Areas: Economics; Finance; Law; Railroads;
- Accession Number: 00129171
- Record Type: Publication
- Files: TRIS
- Created Date: Feb 19 1976 12:00AM