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.
- Presented at the 4th Annual Intersociety Conference on Transportation, Los Angeles, California, July 18-23, 1976, see also RRIS 26 148247.
American Society of Mechanical EngineersTwo Park Avenue
New York, NY United States 10016-5990
- Cherwony, W
- McCollom, B
- Publication Date: 1976
- Pagination: 9 p.
- 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;
- 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