Utilization measure for class a use
When I used to work, I was on the lookout for measures that would compare how well my portion of the business compared with other companies. Purpose was to id topics where we were not in the first qua...
Forum Discussion
OK I'm back to tell most of you that you have it all wrong.
If you going look only at what things are costing you, you should stay home and sit on the couch watching only OTA TV on the smallest screen you can see.
When you look at any toy, be it a boat, aircraft, RV, sports car, golf and country club membership....., as a cost only, then you are making the same mistake that gets made by cost accountants all the time. We used to laugh about what we called "Input Oriented Engineering". This is when the focus is on cost and it ignores value.
We go to several music festivals a year. While it does grind me to end up paying 30$/night to dry camp, the rest of the experience is well worth it. If we wanted to stay at any commercial lodging, the reservation has to be at least a year ahead and the cost is astronomical even as compared to the 30$ dry camp. Then there is the available food issue. Let's not go there now.
I recently got a chuckle...
I company I was once employed by as a product development person just got bought by a company started by a man that worked in my labs. My labs in that company got shut down because they "Were too much of a drain on the company's resources". The friend that bought them, was displaced at that time and he went on to finish one of our programs that had been in process. He filed the patent on his own and started the new company. He looks at value and particularly future value and not cash out of pocket cost.
Being the analytical type, years ago I had done an analysis of the cost of traveling by RV. When you wrap it all in, RV's work. If you didn't by a new Prevost for one vacation that is..... If you buy it and use it and take care of it, they can be cost effective. And the is spreadsheet cost effective. If you can count up the intangibles, there is no telling where you can end up.
This country is full of great things to see and places to go that are very impractical most other ways. We still have some on the To-Do list.
Matt
If you going look only at what things are costing you, you should stay home and sit on the couch watching only OTA TV on the smallest screen you can see.
When you look at any toy, be it a boat, aircraft, RV, sports car, golf and country club membership....., as a cost only, then you are making the same mistake that gets made by cost accountants all the time. We used to laugh about what we called "Input Oriented Engineering". This is when the focus is on cost and it ignores value.
We go to several music festivals a year. While it does grind me to end up paying 30$/night to dry camp, the rest of the experience is well worth it. If we wanted to stay at any commercial lodging, the reservation has to be at least a year ahead and the cost is astronomical even as compared to the 30$ dry camp. Then there is the available food issue. Let's not go there now.
I recently got a chuckle...
I company I was once employed by as a product development person just got bought by a company started by a man that worked in my labs. My labs in that company got shut down because they "Were too much of a drain on the company's resources". The friend that bought them, was displaced at that time and he went on to finish one of our programs that had been in process. He filed the patent on his own and started the new company. He looks at value and particularly future value and not cash out of pocket cost.
Being the analytical type, years ago I had done an analysis of the cost of traveling by RV. When you wrap it all in, RV's work. If you didn't by a new Prevost for one vacation that is..... If you buy it and use it and take care of it, they can be cost effective. And the is spreadsheet cost effective. If you can count up the intangibles, there is no telling where you can end up.
This country is full of great things to see and places to go that are very impractical most other ways. We still have some on the To-Do list.
Matt
