DEVELOPMENT OF MULTI-MODAL COST ALLOCATION MODELS

Readily available operating and financial data for public transportation systems in Chicago urban area were used to construct multivariable cost allocation models for each of the region's eight commuter railroads and 10 major bus systems. A cost allocation model was also derived for the rapid transit operations of the Chicago Transit Authority. The cost allocation model is developed by assigning individual expense accounts to one of five transit system resources--vehicle (car) miles, vehicle hours, peak vehicle (car) needs, track miles and passenger revenue. By dividing the total cost allocated to each resource by the appropriate operating statistic, unit costs are computed for each resource. These unit costs represent the coefficients of the cost allocation model, which is then used to analyze the economics of the various transportation modes.

• Supplemental Notes:
  • Presented at the 4th Annual Intersociety Conference on Transportation, Los Angeles, California, July 18-23, 1976, see also RRIS 26 148247.
• Corporate Authors:

  American Society of Mechanical Engineers

  Two Park Avenue
  New York, NY  United States  10016-5990
• Authors:
  • Cherwony, W
  • McCollom, B
• Publication Date: 1976

Media Info

• Pagination: 9 p.

Subject/Index Terms

• TRT Terms: Analysis; Bus transit; Costs; Economic analysis; Mathematical models; Modal split; Railroad commuter service; Rapid transit
• Identifier Terms: Chicago Transit Authority
• Uncontrolled Terms: Cost analysis
• Old TRIS Terms: Bus services
• Subject Areas: Economics; Finance; Public Transportation; Railroads;

Filing Info

• Accession Number: 00148256
• Record Type: Publication
• Source Agency: Engineering Index
• Report/Paper Numbers: Paper P&P-1 Conf Paper
• Files: TRIS
• Created Date: Feb 16 1981 12:00AM