Final report

This is the final strategy report, unfortunately I did terribly on my last run. I changed my strategy around a bit and now it looks like it wasn't a very good decision.

Here I'm going to answer the questions for the section, I will also incorporate some of major areas in the first few runs, and will review the old posts to see where I did well, where not so much, and why I think that may have been the case.

Final run month 12

I don't know if changing prices will affect the sim now but I will do it anyway, below is also the report for the strategy, etc taken in this sim. I will try to combine some of the other aspects from my other runs being that they also taught me some things here and there.

Final run month 11

This is basically the last month for changes and I will go up in prices, again against the grain.

I will also move 1,000 cars to Miami.

Final run month 10

I went against the competitors lower prices and raised them and utilization is still at 100% for both cities. I should be more aggressive. This is where I am now.

What I need to do now is still raise prices because even if the competitor lowers his I wont go down that much.

Final run month 9

Raised prices everywhere, in each city and for both weekends and weekdays and still 100% utilization. This tells me the prices need to be higher.

Final run month 8

So where I find myself now is at 100% utilization for both cities after I lowered prices and moved cars around, technically this should be good for Orlando and it's higher priced weekends.

So now what I will be doing is raising prices again, for both cities.

Final run month 7

For moth 7 I am moving cars around, although Miami makes more money, I can charge more in Orlando on the weekends and so I will move a bit more cars there but the prices for weekdays are still close to 50/50 right now so the cars will be allocated close to 50/50 as well.

I am also going to move the prices around a bit to raise utilization. This is what it looks like now for both cities:

Final run month 6

Weekends in Miami needed to be even lower than where I went and I could have went up on the weekdays. I need to pay more attention tot he pricing of the competitor and match them closer. Orlando is till at 100% and finally making a small profit.

Final run month 5

After the price changes looks like Miami utilization went up to 95% on weekdays and up to 43% on weekends.
For Orlando it's all on the up and up at 100% utilization on both weekends and weekdays but income in negative.

What I will do now is Raise prices in Orlando and lower weekends in Miami.
Right now it looks like this:

Final run month 4

Moved cars around and raise prices, because there are less cars in Orlando, utilization went up, I can raise prices. In Miami prices went up and utilization went down, I can probably afford to lower prices to move more cars and make more that way, right now I am not very happy with the results.

 What I will  be doing now is drastically raising prices in Orlando, and Miami, I will lower prices on the weekends and a bit on weekdays, looks like the market will be going up but my prices may still be too high.

Let's see what happens next moth.

Final run month 3

Looks like Orlando still supports higher prices and doesn't looks like the trend has anything to do with Orlando prices, Miami's lower prices did help utilization go up.

The numbers for the two cities are shown below.

What I need to do now is raise prices in Orlando and lower in Miami on the weekends, also I can move cars around so I will be moving more vehicles to Miami, the money maker and need to adjust the numbers further next month.

Final run month 2

In month two I find that Orlando is still good with the price adjustments and is still at 100% for both weekdays and weekends. When it comes to Miami, Weekdays are at 100% and weekends went up to 66% utilization.

What I need to do now is still raise in Orlando and lower in Miami, especially on the weekends.

Final run month 1

This is the final run of the simulation, I will do my best here and the final post will have the final report of my strategy, etc.

As the month opens up I can see that Miami is the money maker per vehicle. Miami also has the least amount of vehicles, this is one area I need to pay attention to, if things continue to progress as is, then I will need to move more cars there to satisfy the demand. I will also need to be more aggressive when it comes to pricing.

Run 3 Month 12

Not so good, sim ended but I didn't expect to rock it this time around since I made some crucial mistakes.

Run 3 Month 11

Not so good.

Run 3 Month 10

Raised the prices to a ridiculous number in Orlando and the market supports it.
Lowered in Miami a bit and that worked well too, utilization is up.

Run 3 Month 9

Adjust prices and moved cars around, now w/ more cars Miami not doing so well. Orlando is but has less than 2,500 cars in stock. Also went down from a 52% market share me and 48% comp, now flipped to me 48%.

Run 3 Month 8

This month I can move some cars around, it's going to be Miami this time.
Just going to adjust the weekend prices down in Miami and up everywhere else on all days.

Run 3 Month 7

this month I have a 50/50 market share in Miami weekday util. dropped to 89% weekend to 71%
Orlando at 100% again.

Dropping prices a bit and raising in other areas

Run 3 Month 6

This month I can move cars again, unfortunately I think because of the mistake last quarter I wont be able to hit high numbers.

moved the cars around but because I'm in a hurry, forgot to adjust prices.
this is gonna be by far my worst run.

Run 3 Month 5

Oh crap should have moved the cars to Miami instead.
The prices are holding but I should have done more market research.

Run 3 Month 4

Going down on weekends and up on weekdays, looks like this should be good, testing the ceiling.

Run 3 Month 3

Went down on weekends and up on weekdays and Orlando is again doing well on weekdays, utilization is up but not where I want it to be.
Moved some inventory to Orlando, this may have cause the change.

Run 3 Month 2

Dropped prices a bit in both cities for the weekends, utilization went up in both.
Weekdays are still at 100%
Need to be more aggressive on weekdays.

Run 3 Month 1

Going to do this one more time as my final run

Went up in price first month in both cities, Orlando utilization went down on the weekend, weekday stayed at 100%
Miami weekday stayed at 100% weekends went up an extra 6% to 66%