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Evaluate the various methods used to build costs into a pricing policy.
Costing and Pricing of Transport
Operation of Transport
The financial management of each and every transport operation is crucial to its future sustainability.
For a transport organisation of your choice:
a) Describe the cost elements which exist in a transport operation and how these can be successfully controlled whilst maintaining or improving customer satisfaction. b) Evaluate the various methods used to build costs into a pricing policy. c) Compare and contrast the different pricing arrangements of transport in an operation that has to meet a regular peak in demand for its services and how these can be used to control demand.