Costing and Pricing Issues in Transport Sector - Indian Railways ...
Costing and Pricing Issues in Transport Sector - Indian Railways ...
Costing and Pricing Issues in Transport Sector - Indian Railways ...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Cost of service & Value of service<br />
• Cost of service :<br />
– Such charges must <strong>in</strong> no case be less than the cost to<br />
the railway management of render<strong>in</strong>g the required<br />
service.<br />
– This should be the lower limit of the freight rate.<br />
• Value of service :<br />
– They must <strong>in</strong> no case be more than the value of the<br />
service to the customers.<br />
– This should be the upper limit of the freight rate.<br />
Tuesday, September 06, 2011 INDRA GHOSH, Adviser/Rates Slide No. 29