Run 2 - Month 11 into 12

It's coming to an end, I don't think I'm performing well enough to beat the high scores but as mentioned before, I had forgotten to continue or resume my very first run, I may have a chance. The best way to get around this is really to be as aggressive as the market will allow, I need to be more open to testing the waters. If utilization goes down a few percentage points, that's okay, I'll know where I stand for next month.

Run 2 - Month 10

Now in month 10 I adjusted prices in Miami, should make a small profit with the small fleet available to me. Went fairly aggressive in Orlando, I will be surprised to see a 100% utilization but if not, the extra few bucks should offset, stagnant cars.

And would you look at that, the market supports the price hike and I am surprised to see a 100% utilization on both weekends and weekdays in both cities.

Run 2 - Month 9

In month nine, I can see a peak, but again I will turn my back to it, and this time will be more aggressive on weekdays.

And do something tricky with unit allocation, let's see if this works.

Run 2 - Month 8

Now in May, the competition is lowering prices, I think I've seen this before, and also think I can go around this by raising prices on Weekdays and keeping as is on weekends. I don't see a definite plateau here.

And just as expected, after making these changes, I have come to a 100% utilization on both weekends and weekdays. The only other thing I should have done to safely gather more income is to be more aggressive.

Run 2 - Month 7

Now in month seven, April. I need to work with prices in such a way to get closer to 99% utilization with 100% of the fleet in Orlando.

What I did this month is slightly lower prices for both weekends and weekdays in Orlando, the result is a near perfect 97% utilization on weekdays, which I could have probably left as is, if not raise a bit, and also a 97% utilization on weekends.

NOTE on Run 1

Looks like the first run I did was not completed as I didn't notice I needed to "resume" the the run, which I didn't. That's why I had that comment regarding the weird starts in September again rather than October or November.

Just thought I'd need to note it.

Run 2 - Month 6

For month 6 I have moved all the cars to Orlando and left prices the same. This is where I am now.

Weekday utilization is down to 92% and weekend to 86%. Bad news but I can still go up if I lower prices.

Run 2 - Month 5

Looks like I didn't have to lower prices, luckily I didn't go to low, plus Miami bounced back a bit.
Right now I have a 100% utilization overall so all cities on all days are at 100%.

Instead of going up in price I will actually do something odd, which is to move all inventory to Orlando and leave all prices the same because I think that there is an upswing so even with the same prices I should do alright, maybe even would need to lower prices.

Run 2 - Month 4

Changed the prices prices, lowered them a bit in all areas and all cities. Overall utilization is at 98% weekday and 90% weekends. Orlando 97% Weekday and 87% Weekend. Miami both at 100%.

Now although the forecast says the prices will go down, I think I need to go up in Miami.
I think Orlando will be on a continuous upswing so I will leave the price as is for weekdays and lower for weekends.

Run 2 - Month 3

For month three I find that the price for Miami was too high for weekends and works fine for weekdays.
Miami utilization for the weekend went down to 59%, weekdays are fine at 100%

Run 2 - Month 2

After raising prices Orlando Utilization went to Weekday 97% and Weekend to 91%. Orlando makes the most money per vehicle while currently having the largest part of vehicles of the entire available fleet.

Market share went to 43% in Orlando and 45% in Miami with an average of 43% between the two cities. However I don't think I can really control market share too much as I have a fixed amount of vehicles available to work with.

I am going to lower the price a bit in Miami for week end/day and keep prices the same as I think the demand will be back up.

Run 2 - Month 1

For this second run I will be taking a different approach. In my first approach I looked at a lot of things which really didn't matter. I made some mistakes and now will attempt to go around them. I still think didn't do bad the first time, but would have done much better if I didn't make some of the mistakes I did make.

#12

For the end of the simulation I jacked the prices up to some unheard of numbers.

The end result is a score (cumulative profit) is: $114,846,736.

Don't know if this is good or bad but surely could do better. This is my first run, maybe my last.

Being that was first try, I'm certain I could do much better.
I know that I overcomplicated it and will kill it on my second run.

#11

A beautiful thing is happening now in August.
 High prices and 100% utilization in both cities, with no drop in market share.

Going up in prices again, to some ridiculous number, I think this will end well with the end of the sim.

#10

Now in July, after raising prices and moving inventory around.
I have achieved a 100% utilization in both weekends and weekdays in both cities with no expense to market share.

What I am going to do next is raise weekday prices further and try to raise capital. I know this will drop monthly sales but that's okay because there is a big difference in prices between cities and weekend/day.

#9

This month, in June, I have raise weekday prices and lowered weekend prices in both cities.
I can still afford to go higher, until I hit the ceiling, but it may happen sooner rather than later as the competition is dropping prices quick. The only major negative I see is the drop in market share but income is steady looking up w/o major spikes, and utilization is getting even better at 90% for the weekends. Profits have been at over 100%

Some changes need to be put into place.
And this is a perfect time to move inventory around.

#8

I think that for April I need to raise prices for week days in both cities and lower in Miami, and raise prices for weekends in Orlando.

Orlando weekday   $50
Orlando weekend   $41

Miami weekday      $59
Miami weekend      $34

Things worked out perfectly and just as planned.
Overall utilization is up to 83%, income is up in both cities, market share went up nearly 10%, and competition is forced to drop prices. I can probably afford to raise prices on weekdays in both cities.

So far, am happy with the results.

#7

Now in March, things are looking very bad and I need to make some major changes.
Miami weekday prices will need to go way up. All cities will need to go up anyway.
Miami is all business renters which I am not capturing at all and basically giving away business to the competition, which is one area I need to pay attention to. Orlando is about close to even.

#6

Now in February, I find myself with prices on the down, but demand strong. The competition is losing some market share and a bit early if looking at the forecasts but this gives me a little room because this tells me they will be dropping prices early as well. The reason for this is that Miami market share has stayed the same and I am ahead of the curve and should be ready for price drops as that is the only thing that the competition can do to keep market share. Orlando is in line with the anticipated drop in demand.

#5

Now I am in January and what my main goal is to raise income in Miami. I'd hate to lose the beautiful utilization I finally achieved but I may not have to lose them them if I play my cards right.

I can raise prices in Orlando as the demands may not drop as much as in Miami in the crossing I am seeing in the charts. The other things I need to do overall for both cities is go up in market share, being that a consistent trend I am seeing is that I am losing market share on a monthly basis.

#4

December

For December I will need to adjust prices between the two cities being that Market share went down for Orlando but revenue is up and the opposite is true for Miami.

Utilization is about the same for both of the cities so this makes me think that for Orlando, I can do just about anything I want as the demand is there, however Miami is the trickier one.

#3

Based on the trends I see, possibly because of seasonality I will need to adjust prices accordingly.
In September, market share wasn't great, in October utilization went up, however market share did go down, however profits were up. Now I will also be using customer types into this, as far as business or leisure and looking at November market share looks like things are good as I haven't lost market share not gained but profits are again on the rise. The forecast shows a slow down and I may need to again cut prices to raise usage

#2

Prices
Orlando




Month    Us Weekday    Comp Weekday    Us Weekend    Comp Weekend
July           $45.00      $44.00               $37.00          $37.00
August     $45.00      $41.00              $37.00           $35.00
Sept          $45.00      $41.00              $37.00           $35.00
Oct           $41.00       $43.00              $34.00          $36.00

#1

This is the first post of the first moves, this will likely not be the main one I will submit.

Prices
Orlando

Month   Us Weekday    Comp Weekday    Us Weekend    Comp Weekend
July       $45.00               $44.00            $37.00        $37.00
August  $45.00               $41.00             $37.00       $35.00
Sept      $45.00               $41.00            $37.00       $35.00
Oct       $41.00               $43.00            $34.00       $36.00