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.
Friday, May 28, 2010
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.
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.
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.
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.
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.
Just thought I'd need to note it.
Thursday, May 27, 2010
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.
Weekday utilization is down to 92% and weekend to 86%. Bad news but I can still go up if I lower prices.
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