Cost Categories
The costs output by the OSCAR model are classified into four categories:
- direct variable costs: costs that fluctuate with the operations of the railway. such costs would include fuel, train crew, traffic cost, yard & terminal cost, rolling stock and infrastructure maintenance.
- variable operating costs: include the direct variable costs with depreciation attributed to the shipment (freight or passengers).
- total long term variable costs – include the variable operating costs and the cost of capital, or borrowing costs.
- total costs: include the long term variable costs plus fixed costs and profit.
Read more about this topic: OSCAR Railway Costing
Famous quotes containing the words cost and/or categories:
“Each is under the most sacred obligation not to squander the material committed to him, not to sap his strength in folly and vice, and to see at the least that he delivers a product worthy the labor and cost which have been expended on him.”
—Anna Julia Cooper (1859–1964)
“Kitsch ... is one of the major categories of the modern object. Knick-knacks, rustic odds-and-ends, souvenirs, lampshades, and African masks: the kitsch-object is collectively this whole plethora of “trashy,” sham or faked objects, this whole museum of junk which proliferates everywhere.... Kitsch is the equivalent to the “cliché” in discourse.”
—Jean Baudrillard (b. 1929)