Edelman Award Paper Revenue Management Saves National Car Rental By M.K Geraghty and Ernest Johnson In the January/February 1997 issue of INTERFACES magazine‚ M.K. Geraghty and Ernest Johnson were presented as finalists of the Franz A. Edelman award for their presentation on a state-of-the-art Revenue Management System that would turn a huge money losing rental car company‚ National Rental Car‚ into a profitable business within two years. In 1993‚ General Motors took a $744 million dollar
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1. Enterprise Rent-A-Car has defined its service much differently than that of the typical national car rental companies. Their idea and technique of personal service‚ by treating the customers like neighbors more so than clients is what makes this company so unique and successful. They are industry leaders in fleet size and market presence. The company’s president‚ Andy Taylor‚ stated in his motto “if you put the customers first they will be satisfied and come back‚ followed by employees who are
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Mid-luxury/executive cars The mid-luxury segment are commonly referred to as executive cars in Britain‚ Obere Mittelklasse in German‚ and Grandes Routières in French. Examples include the Volvo S80‚ BMW 5 Series‚ Mercedes-Benz E-Class‚ and Jaguar XF [30] Although having similar dimensions to mid-size cars and large family cars‚ executive cars are engineered and positioned as premium vehicles with better performance and technology amenities. There is also higher development and production costs
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1-0 SUMMARY Jack Taylor began his business of Enterprise Rent-A-Car in 1962 in St. Louis‚ Missouri. Following the successfully philosophy of‚ "Take care of your customers and employees first‚ and profits will follow"‚ Enterprise grew steadily to become the nation’s largest rent-a-car company. What separated Enterprise from its other competitors such as Hertz‚ Avis‚ and Alamo was the fact that the company focused on two segments of the home-city market rather than appealing to the airport-rental
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Enterprise Rent-A-Car‚ was founded by Jack Taylor in 1957 in a basement of a Missouri Cadillac dealership with only seven cars. Today‚ Enterprise has more than 800‚000 vehicles and nearly 7‚000 locations. Their main business activity is to provide rental vehicles to customers. This privately owned company‚ what is known to be America’s #1-car rental company‚ has dedicated themselves to creating the best customer service throughout their service line in addition to being successful in the industry
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Enzo Ferrari “What’s behind you doesn’t matter‚” said Enzo Ferrari. Enzo Ferrari was a car maker and entrepreneur (a person who starts a business) who loved cars more than anyone else. Enzo Ferrari was the man who made the company “Ferrari” and built the Ferrari cars. He never gave up even when the going was tough. In the beginning Enzo Ferrari’s passion for driving and building cars began at a very young age. On February 18‚ 1898 Enzo Anselmo Ferrari was born in Modena‚ Italy. Enzo Ferrari
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The Future of Self-Driving Cars According to loc.gov the first automobile was invented by Karl Benz around 1885 and by 1912 Thomas Russell wrote the book called Automobile Driving Self-Taught where he calls the act of driving an art and presents all the rules and steps to become a good driver; however‚ since then automobile manufacturers have been creating more cars and implementing better technologies and improving automobiles to the point that today most new cars are semi-autonomous and driving
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Sally is a future self driving car in 2057 and is like the new developing self driving cars we are see today in 2017. “Americans need to get ready. Self-driving cars will soon be in their rearview mirrors.”(Peterson). Self driving cars will start be more common in the near future. “I said‚ "But it works by itself‚ Mr. Harridge. It scans the road‚ reacts properly to obstacles‚ humans‚ and other cars‚ and remembers routes to travel."(Asimov 3). The new self driving cars are more likely to scan the road
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What is a self-driving car? A self-driving car is a car that uses motion sensors to “drive itself”. This new technology was originally created by Chris Urmson. Although this is a very clever idea‚ there are some pros and cons. Some pros are you can do other things in the car while going somewhere. Some examples are texting‚ looking something up on the internet‚ or even just relaxing. With the self-driving car‚ you don’t need to worry about falling asleep behind the wheel or paying attention to your
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Hybrid cars are designed on running on both an electric motor and an internal combustion system‚ and Electric cars run entirely on electricity without having an internal combustion system. In fact‚ both of these cars contain a rechargeable battery that can be charged externally‚ which helps in reducing the usage of gasoline which can diminish air pollution and save the environment. For example‚ a recent study by Experian Automotive reports that 40% more hybrid cars were sold in the U.S. in 2012 than
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