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.
Read more about this topic: Utilization
Famous quotes containing the word relation:
“We must get back into relation, vivid and nourishing relation to the cosmos and the universe. The way is through daily ritual, and is an affair of the individual and the household, a ritual of dawn and noon and sunset, the ritual of the kindling fire and pouring water, the ritual of the first breath, and the last.”
—D.H. (David Herbert)