A cost analysis of highway paving in New Brunswick
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Date
1991
Authors
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Journal ISSN
Volume Title
Publisher
University of New Brunswick
Abstract
The cost of paving highways v a r i e s througout New Brunswick. This
report determines i f the p r i c e variance i s s i g n i f i c a n t l y large through
s t a t i s t i c a l means.
The report then focuses on explaining t h i s variance s i z e . This i s
accomplished through the a n a l y s i s of four f a c t o r s . These factors are;
the a v a i l a b l e resources i n the area, the competition, the s i z e of the
job and the season of work. Trends for these factors have been
i d e n t i f i e d and represented g r a p h i c a l l y.
The factors are then ranked in importance in explaining the
variance of the paving p r i c e s . The amount explained by these f a c t o r s i s
a l s o found through s t a t i s t i c a l means and expressed i n percentage terms.