1. Union Pacific
... . This formula attempted to link the total operating expenses of the railroad to particular activities that were felt to best explain them. The numbers that were obtained in this manner were in compliance with requirements, but provided little useful information to the operational management of the firm. ... power unit miles, serviceable locomotive car days etc. The results appear in the form such as Diesel fuel cost per serviceable locomotive day. A number that is totally arbitrary, and represents much more of a mathematical calculation then an empirical reality, and sends a totally fal...
- Word Count: 3347
- Approx Pages: 13
- Has Bibliography
- Grade Level: Undergraduate