Cover: A Statistical-Engineering Approach to Estimating Railway Cost Functions.

A Statistical-Engineering Approach to Estimating Railway Cost Functions.

Published 1968

by Joseph S. DeSalvo, Lester B. Lave

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Statistical and engineering methods both possess advantages and disadvantages in the determination of cost behavior. The two approaches are combined to form a statistical-engineering approach to estimating railway cost functions. The statistical-engineering approach that is developed is more flexible than the pure statistical approach, as it permits changes in equipment, roadway, and loading conditions. It also includes costs not amenable to engineering analysis, such as selling and administration.

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