COST UNDERSTANDING AND AWARENESS : KEY STEPS IN HAVING A COST- COMPETITIVE FLEET MANAGEMENT PROGRAM

Financing a fleet is a multifaceted operation. The types of costs involved include capital and operating costs; fixed and variable costs; average and marginal costs; and fiscal and economic costs. It is important that fleet managers understand the difference between these costs. Fiscal managers interested in reducing costs may consider postponing fleet replacement purchases or reducing unneeded cash balances in the reserve account of an Internal Service Fund. On the other hand, if a manger is aiming for lasting economic savings, options include reducing the size of the fleet, reducing service levels or reducing efficiency. Of these, the best option is to provide services more economically and efficiently by reducing the cost of inputs such as employee labor, materials and supplies, fuel, contractual services or facilities.

• Record URL:
  http://www3.apwa.net/Resources/Reporter/Articles/2004/8/Cost-understanding-and-awareness-Key-steps-in-having-a-cost-competitive-fleet-management-program
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/1789483
• Corporate Authors:

  American Public Works Association

  2345 Grand Boulevard, Suite 500
  Kansas City, MO  United States  64108-2625
• Authors:
  • OWEN, R
• Publication Date: 2004-8

Language

• English

Media Info

• Features: Photos;
• Pagination: p. 35-37
• Serial:
  • APWA Reporter
  • Volume: 71
  • Issue Number: 8
  • Publisher: American Public Works Association
  • ISSN: 0092-4873

Subject/Index Terms

• TRT Terms: Capital costs; Finance; Financing; Fixed costs; Fleet management; Marginal costs; Operating costs; Variable costs
• Subject Areas: Economics; Finance; Highways; Society;

Filing Info

• Accession Number: 00978288
• Record Type: Publication
• Source Agency: UC Berkeley Transportation Library
• Files: BTRIS, TRIS
• Created Date: Sep 7 2004 12:00AM