cost equation
DESCRIPTION
costTRANSCRIPT
Savoya Cost Equation:
A - Passenger Count
B - Shuttle Frequency (in Mins)
C -Turn times (in Hrs)
D - Shuttle Window (in Hrs)
E - No.of terminals at an airport (does not impact price, but impacts Service!)
F - No. of. Drops
G Capacity of Vehicle
H Client rate
Cost Estimate = A * B *C * E*E*F * H * (D+1)
15 * G * D
*G/H ratio is highest for a Sedan and the least for a Motor Coach
Increasing these will have a direct bearing on the cost.
1. Shuttle Frequency (can it be increased above 15mins?)
2. Turn time (room here to improve depending on the Airport-Location distance, ideally close to 1.75 - 2 hours)
3. No. of drops
4. Shuttle window (fluctuates depending on the vehicle type). Lesser the window, need for vehicles increase and hence, higher price quote.
5. Use vehicles with lesser capacity, as G/H ratio increaser for lesser capacity (Hence ask for the VIP to Non-VIP ratio)
Minimal impact on cost, except from a service point of view:
1. No. of terminals at the airport
Veh. CapacityTent. Rates
Motor Coach45$100
Mini Coach20$200
Pax. Count300Shuttle Freq15.00Van Coach7$300
Sedan3$350
No. of TerminalsShuttle WindowNo.of pax/HrNo. of Pax per shuttle Incr.Veh. NeededTurn TimeMin. Veh neededPrice
22150190.421.55.00$1,500.00
23100130.281.53.33$1,333.33
247590.211.52.50$1,250.00
256080.171.52.00$1,200.00
265060.141.51.67$1,166.67
274350.121.51.43$1,142.86
283850.101.51.25$1,125.00
For turn Time: 1.5 & No. of terminals 2, here is the graph