Friday, May 28, 2010

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.

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.