1. Prohire

Allocation Chart – Model Column Colours

Below is a description of how the allocation chart mileage traffic light system is calculated currently in Prohire.

The traffic light system is based off a vehicles optimum mile to date figure (OMTD)

 

First, we need to work out what the OMTD is, this is done by:

Entry Miles = 100

Entry Date = 01/01/2023

 

Exit Miles = 10,000

Exit Date = 31/12/2023

 

  • Proposed Miles = Exit Miles - Entry Miles  10,000 – 100 = 9,900
  • Proposed Days = Exit Date - Entry Date  31/12/2023 – 01/01/2023 = 365

So, the optimum miles to date (OMTD) for this vehicle would be:

  • OMTD = Proposed Miles / Proposed Days  9,900 / 365 = 27

Now work out how many miles are left for the vehicle to cover

  • Future Booking Predicted Miles = 0 (no booking(s) taken on the vehicle)
  • Miles to book before vehicle exit date = Proposed Miles - Future Booking Predicted Miles è 9,900

Now work out how many on fleet days are left for the vehicle

  • Days left on fleet = 16/02/2023 - Exit Date (31/12/2023) = 319 days

The green highlight on the allocation chart is now worked out by:

  • Miles to book before vehicle exit date / Days left on fleet = 31.03448  which is within 10% of OMTD

First, we need to work out what the OMTD is, this is done by:

Entry Miles = 100

Entry Date = 01/01/2023

 

Exit Miles = 10,000

Exit Date = 01/04/2023

 

  1. Proposed Miles = Exit Miles - Entry Miles  10,000 – 100 = 9,900
  2. Proposed Days = Exit Date - Entry Date  01/04/2023 – 01/01/2023 = 91

So, the optimum miles to date (OMTD) for this vehicle would be:

  1. OMTD = Proposed Miles - Proposed Days  9,900 / 91 = 108

Now work out how many miles are left for the vehicle to cover

  1. Future Booking Predicted Miles = 5000
  2. Miles to book before vehicle exit date = Proposed Miles - Future Booking Predicted Miles  4,900

Now work out how many on fleet days are left for the vehicle

  1. Days left on fleet = 16/02/2023 - Exit Date (01/04/2023) = 45 days

The green highlight on the allocation chart is now worked out by:

Miles to book before vehicle exit date / Days left on fleet = 108.8888 which is greater than +10% of OMTD 

 

First, we need to work out what the OMTD is, this is done by:

Entry Miles = 100

Entry Date = 01/01/2012

 

Exit Miles = 10,000

Exit Date = 01/05/2013

 

  • Proposed Miles = Exit Miles - Entry Miles è 10,000 – 100 = 9,900
  • Proposed Days = Exit Date - Entry Date è 01/05/2013 – 01/01/2012 = 486

So, the optimum miles to date (OMTD) for this vehicle would be:

  • OMTD = Proposed Miles / Proposed Days è 9,900 / 486 = 20

Now work out how many miles are left for the vehicle to cover

  • Future Booking Predicted Miles = 9,000
  • Miles to book before vehicle exit date = Proposed Miles - Future Booking Predicted Miles è 9,900 – 9,000 = 900

Now work out how many on fleet days are left for the vehicle

  • Days left on fleet = 16/02/2012 - Exit Date (01/05/2013) = 440 days