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Poll: How often do you figure your operating cost?
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How often do you figure your operating cost?

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Old 05.26.2008
MIA (Banned or Retired)
  
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How often do you figure out your operating cost?
How often do you figure your operating cost out?

This should be a interesting thread.
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  ^ Top   #2  
Old 05.26.2008
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sounds more like sour watermelons, or grapes, or something...
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Old 05.27.2008
MIA (Banned or Retired)
  
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I actually thought I would get more results than this by now, but I was wrong.

Maybe some guys are actually afraid to admit how often they figure their operating cost.


For the guys who voted for once a month, how in the heck does that work with you?

I mean Diesel goes up everyday and if you don't adjust but every 30 days you could be off .50 cents a mile by the end of the month.
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Old 05.27.2008
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once a month is more then reasonable for mot costs as they are relativly fixed. Fuel is easy to figure in your head on a daily basis to keep track of so mabey that's what they are meaning
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Old 05.27.2008
MIA (Banned or Retired)
  
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I review my numbers every two weeks.
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  ^ Top   #6  
Old 05.27.2008
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I do a P&L report for the company once a month. The fuel surcharges are adjusted weekly per my contracts with the customers, so in my situation, fuel cost fluctuations are irrelevant due to the surcharge compensates.
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Old 05.28.2008
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I figure my costs on each and every load. This week I adjusted my cost structure as well to account for increase in cost of tires, PM and repairs. With fuel prices increasing significantly on almost a daily basis, I need to know before I haul the load whether it is profitable, not wait until the end of the month to see how well I did. Calculate against all miles and consider the time factor as well. I set my revenue target against my resource utilization and measure daily against performance.
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Old 05.29.2008
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I review the cost and project what the load will cost at the start of the load. I review it enroute.

After the load, I analyze for variances.
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