CASE STUDY ON DEMAND ANALYSIS OF UBER CABS
How Uber works ?
The process is simple from the consumer’s point of view: You request a car by texting your address or by using Uber’s iPhone or Android app. Because Uber sends the nearest driver to your location to pick you up, your ride arrives within 5 to 10 minutes. Then you just hop into your car and get out at your destination, with no need of fumbling with money because Uber automatically charges your credit card. (You punch in your credit card information into the app before requesting a car.)
The Algo:
• From the computer scientist’s point of view, the process is a noble attempt at solving the complicated traveling-salesman problem, in which you’re trying to determine the shortest
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How big is the fleet at present? What are the expansions plans, given the increasing demand?
Currently we have 5000 cabs across four cities. 1,800 in Mumbai, 800 in Hyderabad, 1,200 in Delhi, and 1,200 drivers in Bangalore. We plan on adding an additional 500 drivers in each city by March 2011. Meru cabs ply in Mumbai, Delhi, Bangalore and Hyderabad. We are evaluating the cities of Chennai, Pune and
Uber and Volkswagen are both very important and revolutionary companies that have shaped the world in their own individual ways. Although they are successful, they both have interesting start up stories and have run into the law on multiple occasions. Law has had a powerful impact on the how both companies have created their business model and made expansions to better each company. In the novels Wild Ride by Adam Lashinsky and Faster, Higher, Farther by Jack Ewing the authors go through the company’s stories and also the legal challenges that they had to face along the way and that they are still facing to this day. It is clear that the law gets in the way of these companies plans, and has gotten major employees of these companies in a lot of trouble for the illegalities that they committed. Many major companies get sued by employees and customers because they try to make money off of them. In many of the cases we can examine if it is worth it for the company to fight all of these cases individually or to group the similar ones together and make necessary changes to the company to satisfy the employees and customers. Even with some of these issues going on and many counter-arguments, both Uber and Volkswagen have handled their situations with the law very well to keep the companies moving forward.
In the early 2000’s, Martin Eberhard and Marc Tarpenning worked alongside Elon Musk in order to develop electric vehicles which also provide the expectations of a luxury car. With headquarters in Palo Alto, California, Tesla currently has over six thousand employees and tesla cars on the roads in over thirty-seven countries. The Tesla Motor Company has created a trio lineup of vehicles which include the Model S, the Model X, and the Roadster. As the product architect and CEO of Tesla Motors, Musk implemented his plans to perfection including zero emission cars with the ability to go nearly three hundred miles per charge (National Geographic, 2012). Tesla is also a leader in selling online cars, a tactic they use in order to cut out people’s interaction with salespersons. Tesla’s strategy of direct customer sales and owning its own stores and service centers is a significant departure from the standard dealership model currently dominating the U.S. vehicle marketplace. Tesla Motors is the only automaker that sells cars directly to consumers, with all other automakers using independently owned dealerships. We incorporated the same approach with our new service which provides a test driving option to potential customers. Potential customers now have the option of utilizing our database to search for existing Tesla customers in their area and reaching out to them for a one on one test drive session in order to learn more about Tesla cars. Existing customers willing to
1. Is the air taxi industry poised for take-off? What customer segments are most likely to lead to success?
Since operating 7 years ago, Uber has seen a great business as alternative for taxi. In 2016, Uber service is accessible in 66 countries and more than 507 cities internationally. The rise of Uber become people favorite choice especially the one living in the urban center. Besides, the low rate charge for Uber also become one of the main reasons why people prefer to use its service rather than the traditional taxis. In some cases, taxi charges are quite high even though the distance is short but due to traffic jam, the duration waiting in a taxi to arrive may feel longer. Even so, some taxi drivers also have the tendency forgotten to switch on the distance meter on their taxi thus charged the passenger for an unreasonable price. Moreover, it
I frequently use Uber and have discussed their ride sharing services in several other courses. I did find it surprising that the company or even car manufacturers are looking into the idea of driverless cars and rides. I still do not trust the entire concept of driverless vehicles and I believe Uber should work on other aspects of the service before even having discussions on this topic. I would mainly want to work with Uber to improve in app offerings for safety purposes. I have already seen Uber in the news due to the criminal actions of some of their drivers. Like most people on the board have stated, Uber definitely needs to do further investigations when it comes to background checks of their drivers. I believe Uber should integrate a
I know you have been eagerly anticipating the announcement regarding the legislation of Uber in our City. I have received a lot of information from the citizens of Winnipeg both in the public and private sector, so it is evident that this topic is on everyone's mind.1 Uber will bring great success to Winnipeg through its convenience, its low costs, and also supply our community with an endless amount of jobs. With this information, I know we can establish a clear path going forward; however, it is imperative that we cooperate together as a city to ensure that Uber is successful. Montreal, Toronto, and Ottawa have all seen great success from this company, therefore we have decided that this trend will succeed in our city as well.2 As this service is legal in multiple major cities throughout Canada, it will cause no harm here in our comunity.3
Therefore, to keep the company prospering we are consistently trying to consider new notions to assist our customers with important services, and to keep them on their toes on what our company is going to come up with next, or be elaborated with. Considering how quickly the environment, and technology modernizes in today’s world in able for your company to survive you must instantly adapt to the changes happening in the world. Our team has linked up to think of great innovative ideas and services to compete in the global marketplace like, having a updated food delivery option that allows Uber customers to order food online and have our drivers personally drop them off at their house! With this food option we will recommend new food places for the customer, and allow customers to write reviews on the experience, we will also offer discounts on rides for customers who order over a certain amount of money on food.
I appreciated your comments regarding the use of Uber as a form of transportation for the elderly to get to their appointment. One barrier to seniors is that the cost of taking this form of transportation can get expensive. There are alternative forms of transportation for the elderly in Baltimore County. There is mobility service through the MVA for those who are disabled or unable to ride a traditional bus. They offer curb to curb service. There is County Ride, which provides specialized transportation services to Baltimore County residents 60 years of age or older, persons with disabilities ages 18 to 59, and rural residents of all ages (Baltimore County Government, 2016). Destinations include medical appointments, shopping and other general
have learned a lot about an industry I before knew nothing of and have gained a
The case study is about Enterprise Rent a Car, which initiated its business in the year 1957 at USA. The company slowly expanded its business and now they have more than 65000 workforce presented. The company is highly depending upon their workforce and to retain them longer, they use to give them training and development with passage of time. Hence, the company also do workforce planning for fulfilling future needs of the workforce.
BMW (U.S) Holding Corporation is a franchise of the high-end performance based global automotive company BMW. For the first time in its history, BMW is to launch its first American made car, the BMW Z3 Roadster. Having only made cars in Germany, this time the car is to be assembled in Spartanburg, South Carolina. BMW’s objective is to expand its market share in the U.S., make the brand name more global and improve its dealer network. With this in mind, the company developed a two phases launch plan for the BMW Z3 Roadster.
Elon Musk is a South African born American entrepreneur who started with a small software company and presently one among the world’s most successful business leaders. “Elon Musk used his technology skills and business savvy to become a successful US-based serial entrepreneur. His first company, Zip2, which he cofounded with his brother shortly after leaving the graduate physics program at Stanford University, provided online content publishing software for local news organizations and was acquired by Compaq. As a founder and early driving force behind the online payment-processing company PayPal, Musk reaped significant financial rewards from PayPal's initial public offering (IPO) in early 2002—the first successful IPO of a technology
I want each and every one of you (students and teachers) present, to imagine two scenarios, and provide me with your preference.
Jacks current policy does not provide coverage if he were to use his personal vehicle for driving Uber customers (College for America, 2014). The exclusion section page 4, of the personal automobile insurance policy clearly explains that the policy will not cover the loss of any bodily injury, damages, or medical payment if the vehicle is operated in use as a public or livery conveyance. The policy clearly excludes coverage for any loss to your covered auto or any non-owned auto, which occurs while it is being used as public or livery conveyance (College for America, 2014). The benefits of the policy that is provided by Uber to its drivers are that the insurance for the automobile would start when the rider enters the vehicle and would stop
ABSTRACT: The Indian online customer’s shopping philosophy is hardly unique: we seek for the best deal available for the product of our choice. And the fight for the leading slot in the $3.1 billion industry has evolved into a two way tussle between Amazon and Flipkart. In our case we will study the e business strategy during festive season and the role of Information Management System in driving success. Retailers across the Indian market are aware of the fact that August – November is the festive time in our country. Consumers go berserk in these times. Buying patterns accentuate, everybody wants to get a piece of that sale Flipkart tried something unconventional when it launched its The Big Billion Day sale with great preparations however