Market-driven pricing structures for drinking water

2005 ◽  
Vol 5 (6) ◽  
pp. 225-233
Author(s):  
S.H.F.M. Meij ◽  
C.J.M. Ruiters ◽  
J.C.J. Stumphius
Keyword(s):  
Water Conservation ◽  
Cost Allocation ◽  
Consumer Market ◽  
Generic Structure ◽  
Fixed Prices ◽  
Noticeable Reduction ◽  
Water Companies ◽  
Alternative Sources ◽  
Supply Capacity ◽  
The Cost

In the Netherlands, water company sales are being driven down by water conservation measures adopted in households and by the emergence of feasible alternatives to mains water. Because the cost structure is largely fixed, prices are rising as a result. These developments are at odds with the community responsibility which water companies bear in their capacity as quasi-monopolists in relation to those of their customers who do not have access to alternative sources. A number of water companies are therefore working on new pricing structures with which they are seeking to stabilise their income and to reduce the financial appeal of switching to substitutes for mains water. At the same time, incentives designed to ensure sparing use in the consumer market should not disappear. Waterleiding Maatschappij Limburg is working on two new pricing structures. A cost allocation method has been developed for bulk users which can be used as a basis for setting customer-specific water tariffs. In addition, a generic structure is being developed to boost revenues from standing charges. More than previously, this structure makes earnings more dependent on the supply capacity installed on a customer's premises. In this article we discuss the background to these new structures and our initial experience. These pricing structures can also be employed in situations and countries where no noticeable reduction of sales has occurred yet, in order to keep ahead of the developments that are sketched here.

Developing the adaptive process-based budgeting through TD-ABC and TD-ABB as part of strategic management accounting

2020 ◽  
Vol 23 (10) ◽  
pp. 1182-1194
Author(s):  
A.A. Akhmetzyanov ◽  
A.Yu. Sokolov
Keyword(s):  
Strategic Management ◽  
Cost Allocation ◽  
Management Accounting ◽  
Practical Significance ◽  
Common Time ◽  
Strategic Management Accounting ◽  
Scientific Papers ◽  
The Subject ◽  
The Common ◽  
The Cost

Subject. The article focuses on the advanced time-driven tools for allocating overhead expenses, which are based on process-based budgeting. Objectives. We articulate a technique for cost allocation so as to assess the cost of each process with reference to the common time driver. Methods. The study relies upon methods of systematization, classification, analogy and comparison, and summarizes the scientific literature on the subject. Results. The article presents our own suggestions on implementing TD-ABC and TD-ABB into the strategic management accounting process of developer companies. The principles were proved to help more effectively allocate overhead expenses and assess the capacity load of each process performed by functions, departments and employees. Carrying out a comparative analysis, we found certain reserves for utilizing resources more effectively. Conclusions and Relevance. The findings are of scientific and practical significance and can be used by developer and construction businesses. The conclusions can prove helpful for scientific papers, student books, and further research.

A claims problem approach to the cost allocation of a minimum cost spanning tree

2021 ◽  
Author(s):  
José-Manuel Giménez-Gómez ◽  
Josep E. Peris ◽  
Begoña Subiza
Keyword(s):  
Spanning Tree ◽  
Cost Allocation ◽  
Minimum Cost ◽  
Claims Problem ◽  
The Cost

scholarly journals Regulation of the domestic consumer market in the national economy

2020 ◽  
Vol 4 (2) ◽  
pp. 68-77
Author(s):  
Olena Trokhymets ◽  
Olga Galtsova ◽  
Anatolii Livinskyi
Keyword(s):  
Well Being ◽  
State Regulation ◽  
Price Regulation ◽  
Behavioral Approach ◽  
Market Regulation ◽  
Conceptual Approach ◽  
Consumer Market ◽  
Goods And Services ◽  
Fixed Prices ◽  
Methodological Principles

Introduction. Socially significant goods and services is the complex that includes a certain list of food products, certain types of products present in the domestic consumer market, which are sold at fixed prices. The regulation of the market for socially oriented goods and services requires regulation of consumer behavior and an optimal behavioral approach, which can help to improve the well-being of the population. Aim and tasks. The purpose of the article is to substantiate the theoretical and methodological principles and conceptual provisions for the regulation of the domestic consumer market in terms of socially significant goods and services in Ukraine. Results. A conceptual approach to socially oriented goods and services has been developed for the better functioning of the domestic consumer market. At the same time, it is important to take into account that the approach is built taking into account the principles: accountability and responsibility, predictability, consistency and consistency: efficiency, adaptability, social justice. The mechanism of state regulation of the market of socially significant goods and services has been improved. The concept of state regulation of the market of socially oriented goods and services is presented. The process of implementing the concept should include full interaction of all elements of state regulation of the market of socially significant goods and services. The purpose of the concept is to substantiate the theoretical and methodological aspects of state regulation of the market of socially significant goods and services in Ukraine. Conclusion. A conceptual approach to the regulation of the market of socially oriented goods and services is presented, which consists in the application of all components, namely the legislative aspect, the economic aspect of market regulation of socially significant goods and services taking into account factors influencing the regulation of domestic consumer market and legislative aspects of price regulation for socially oriented goods and services. The concept presents three components of socially oriented goods and services. State regulation is applied to each of the components (price regulation, regulation of the industry – in some industries, which are producers and suppliers of socially oriented goods and services, natural monopolies operate). Compliance principles of market regulation of socially oriented goods and services would ensure the appropriate and rational consumption of the goods by the population.

scholarly journals The cost of immunising at the general practice level

2009 ◽  
Vol 1 (4) ◽  
pp. 286 ◽  
Author(s):  
Nikki Turner ◽  
Paul Rouse ◽  
Stacey Airey ◽  
Helen Petousis-Harris
Keyword(s):  
General Practice ◽  
Cost Allocation ◽  
Cost Model ◽  
Cost Effective ◽  
Fee For Service ◽  
Activity Based Costing ◽  
Childhood Immunisation ◽  
Practice Nurses ◽  
The Mean ◽  
The Cost

INTRODUCTION: Childhood immunisation is one of the most cost-effective activities in health care. However, New Zealand (NZ) has failed to achieve national coverage targets. NZ general practice is the primary site of service delivery and is funded on a fee-for-service basis for delivery of immunisation events. AIM: To determine the average cost to a general practice of delivering childhood immunisation events and to develop a cost model for the typical practice. METHODS: A purposeful selection of 24 diverse practices provided data via questionnaires and a daily log over a week. Costs were modelled using activity-based costing. RESULTS: The mean time spent on an immunisation activity was 23.8 minutes, with 90.7% of all staff time provided by practice nurses. Only 2% of the total time recorded was spent on childhood immunisation opportunistic activities. Practice nurses spent 15% of their total work time on immunisation activity. The mean estimated cost per vaccination event was $25.90; however, there was considerable variability across practices. A ‘typical practice’ model was developed to better understand costs at different levels of activity. CONCLUSIONS: The current level of immunisation benefit subsidy is considerably lower than the cost of a standard vaccination event, although there is wide variability across practices. The costs of delivery exceeding the subsidy may be one reason why there is an apparently small amount of time spent on extra opportunistic activities and a barrier to increasing efforts to raise immunisation rates. KEYWORDS: Immunisation; vaccination; patient care management; cost analysis; cost allocation

scholarly journals ACCOUNTING AND ANALYTICAL PROVISION OF INVENTORY MANAGEMENT

2021 ◽  
Author(s):  
Lyudmila Babenko ◽  
◽  
Valentina Vasilyeva ◽  
Еlena Коnovalova ◽  
◽  
...  
Keyword(s):  
Inventory Management ◽  
Cost Allocation ◽  
Initial Cost ◽  
Initial Stage ◽  
Additional Costs ◽  
Base Management ◽  
Clear Delineation ◽  
Freight Forwarding ◽  
The Cost

In the course of research it has been stated that the category of «inventories» is not only the object of accounting, but also the object of management, so the identification of inventories in the assets upon receipt at the enterprise is the initial stage of the accounting process. The process of material and technical base management begins at the stage of searching for suppliers, delivery conditions, formation of the logistics component, determination of transport and procurement costs. There is no doubt that the additional costs associated with these processes will affect the formation of the value of purchased inventories. Therefore, the authors emphasize that the methods of estimating inventories at their receipt and disposal play an important role in accounting, as they affect the formation of the cost of finished goods produced from inventories, and hence the overall financial performance of the enterprise. It should also be taken into account that in accordance with the norms of UAS 9, only the amounts of transportation and procurement costs related to the acquisition (receipt) of inventories are subject to inclusion in the initial cost. In practice, the increase in the value of inventories often includes costs incurred in connection with the internal transportation of inventories on the territory of the enterprise or between its structural units; costs arising from the return of inventories to the supplier; costs for loading, transportation, transshipment and insurance of inventories, finished products (goods), freight forwarding and other services related to the sale of products (goods). Such costs do not affect the formation of the initial cost of inventories. Therefore, the authors highlighted the need for a clear delineation of these costs at specific enterprises with the reflection of provisions in the Order (Regulation) on accounting policies. Most scientists discuss the feasibility of search for a method of cost allocation during transportation, because during this process there can be losses of inventories both within the established norms of natural loss, excessive losses and shortages, as well as spoiled inventories found during asset recognition. The authors gave their own view on the possibility of solving this problem. The solving approach has been presented as well as the peculiarities of the reflection of the distributed transport and procurement costs in the system of accounting have been considered. The situation when the company transport both purchased inventories and those, sold to customers, with its own transport has been considered. In such cases, the authors suggest a method of allocating transportation costs with subsequent allocation to transport and procurement costs, which increase the cost of purchased inventories and distribution costs.

Service-Oriented Cost Allocation for Business Intelligence and Analytics

2017 ◽  
Vol 7 (2) ◽  
pp. 40-57 ◽  
Author(s):  
Raphael Grytz ◽  
Artus Krohn-Grimberghe
Keyword(s):  
Business Intelligence ◽  
Cost Estimation ◽  
Cost Allocation ◽  
Cost Evaluation ◽  
Allocation Model ◽  
Pricing Scheme ◽  
Service Portfolio ◽  
Service Oriented ◽  
The Cost ◽  
Cost Awareness

Quantifying and designing the cost pool generated by Business Intelligence and Analytics (BI&A) would improve cost transparency and invoicing processes, allowing a fairer, more exact allocation of costs to service consumers. Yet there is still no method for determining BI&A costs to provide a base for allocation purposes. While literature describes several methods for BI&A cost estimation on an ROI or resource-consumption level, none of these methods considers an overall approach for BI&A. To tackle this problem, the authors propose a service- oriented cost allocation model which calculates BI&A applications based on defined services, enabling a cost transfer to service consumers. This new approach specifies steps towards deriving a usable pricing scheme for an entire BI&A service portfolio – both for allocation purposes as well as improving cost evaluation of BI&A projects. Moreover, it increases customer understanding and cost awareness. Based on this approach, the authors introduce a BI&A value creation cycle which helps customers to use BI&A services cost-effectively.

Study on the price of water rights trading between agriculture and industry based on emergy theory

2019 ◽  
Vol 19 (7) ◽  
pp. 2044-2053
Author(s):  
Wenge Zhang ◽  
Li Tan ◽  
Huijuan Yin ◽  
Xinwei Guo
Keyword(s):  
Water Resources ◽  
Water Conservation ◽  
Economic Value ◽  
Water Rights ◽  
Active Role ◽  
Cost Price ◽  
Pricing Model ◽  
Stage Of Development ◽  
Emergy Theory ◽  
The Cost

Abstract A water rights trading scheme in China is currently in its initial stage of development, but is without a complete pricing mechanism. This paper proposes a pricing model for transfers of water rights from agriculture to industry in water-deficient areas of China. Both the cost price and the earnings price are considered and incorporated into the model. The cost price includes construction costs, operation and maintenance costs, renewal and reconstruction costs, and economic compensation for ecological damage. The earnings price is calculated according to a reasonable return coefficient and the difference in economic value of the water resources to the buyer and seller. The value of water resources was estimated based on emergy theory in accordance with the principle of mutual benefits equilibrium. This pricing model is then applied to the transfer of surplus water rights arising from agricultural water conservation schemes to industrial uses in the Southbank Ordos Irrigation Zone of the Inner Mongolia Autonomous Region. The results indicate that this pricing model could provide technical support to the scientific and reasonable pricing of water rights transactions in water-deficient areas and that it could play an active role in promoting the healthy development of future water markets.

scholarly journals 366 Effects of organic versus conventional diets on dystocia rates in Nubian dams

2019 ◽  
Vol 97 (Supplement_2) ◽  
pp. 153-153
Author(s):  
Matthew J Soyland ◽  
Isabella V Panetta ◽  
Bailey Armentrout-Shoaf ◽  
Christina Rocco ◽  
Toree Williams
Keyword(s):  
Dairy Goat ◽  
Consumer Market ◽  
Mineral Supplement ◽  
Treatment Groups ◽  
Mineral Supplementation ◽  
Organic Products ◽  
Conventional Diet ◽  
Potential Benefits ◽  
Certified Organic ◽  
The Cost

Abstract Organic products have been growing in popularity in the consumer market, often without evidence to support potential benefits. Many organic products promise better results than conventional products, yet research examining the use of organic products as a feedstuff in caprine diets is lacking. Additionally, the cost of organic feedstuff is much greater when compared to conventional. Reproductive success of an animal has a direct correlation with nutrition throughout pregnancy and could be impacted by organic products. Thus, potential benefits of increase of reproductive health could outweigh the initial cost of organic feedstuffs. The objective of the current study was to determine differences in dystocia occurrence between caprine dams fed conventional and organic feedstuffs in the last 6 wk of gestation. Eight gestating Nubian does (n = 4) ranging from 1 to 5 yr of age with initial BW between 45.4 and 68.5 kg were separated into two treatment groups based on BCS utilizing the American Dairy Goat Association’s BCS 1 to 5 scale. Treatment A was fed a conventional diet including 14% CP concentrate, mineral supplementation, and molasses. Treatment B was fed an equivalent USDA certified organic concentrate, mineral supplement and molasses. Dams were fed 0.907kg/d/45.4kg of BW of concentrate and mineral supplement at 0.012kg/d/45.4kg of BW in individual feeding stocks at 0630 and 1730 in the last 6 wk of gestation. All Dams were provided ad libitum to hay and water. During parturition, dystocia was defined as requiring obstetrical assistance at any point during kidding. Differences in dystocia rate between conventional and organic groups were analyzed by independent T-Test at P < 0.05. As expected, no differences were observed between organic and conventional treatment groups (p = 0.28). As a result, the increased priced of organic feedstuff was not justified for feeding over conventional products.

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