Profitability in Relation To Rental Utilization
Utilization in this context is heavily linked to profitability. Low physical utilization may be mitigated by keeping rental rates high, high physical utilization normally justifies keeping rental rates lower. Different types of equipment may also alter the relationship between rates and utilization.
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“There is a certain standard of grace and beauty which consists in a certain relation between our nature, such as it is, weak or strong, and the thing which pleases us. Whatever is formed according to this standard pleases us, be it house, song, discourse, verse, prose, woman, birds, rivers, trees, room, dress, and so on. Whatever is not made according to this standard displeases those who have good taste.”
—Blaise Pascal (16231662)