CLEAN COASTAL WATERS COST PARTICIPATIONFORMULA

摘要

Clean Coastal Waters, Inc.'s (CCW) cost participation formula (COSTPART$AF) is acomputerized formula which calculates the cost allocation of CCW operations andequipment purchases to member companies. Costs are allocated on the basis of oilvolumes handled during specific oil-handling activities such as terminal transfers,production operations, and pipeline operations. The formula accounts for the relativerisks of spill occurrence for the various activities, using a relative risk analysis ofhistorical spills resulting from activities similar to those performed by CCW members.COSTPART is statistically based and has been adapted for use on IBM-compatiblepersonal computers.