Calculation Method and Software Development for Prime Cost Calculation in Case of Road Freight Transport Trips Cover Image

Calculation Method and Software Development for Prime Cost Calculation in Case of Road Freight Transport Trips
Calculation Method and Software Development for Prime Cost Calculation in Case of Road Freight Transport Trips

Author(s): Gyöngyi Kovács
Subject(s): Business Economy / Management, Accounting - Business Administration
Published by: Reprograph
Keywords: road transport; transport trip; prime cost calculation; software development;

Summary/Abstract: Due to growing market globalization, increasing global competition the forwarding companies are compete together for client orders. Clients will choose the quality and cheap service providers. In the study a precise calculation method and a total prime cost function are elaborated, the cost components of the prime cost function and calculation methods for these are also defined. Based on the elaborated theory a software was developed to define the prime cost of a given transport task. Due to the precision of the calculation method and software the bid for the transport task will not be lower or higher than the market price, so risk and waste of the company can be reduced, and profit can be realized. It is especially important in case of long international transport trips. Due to the fastness of the software the company will be able to fast respond to client’s orders. A software is also introduced in this article which is absolutely original and unique.

  • Issue Year: XII/2017
  • Issue No: 50
  • Page Range: 1132-1140
  • Page Count: 9
  • Language: English