relationship between price and performance (fatima and amina)
TRANSCRIPT
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RELATIONSHIP BETWEEN PRIC
AND PERFORMANCE: AN
ANALYSIS OF THE US TRUCKIN
MARKET
PRESENTED BY:
FATIMA NOREEN
AMINA EHSAN GHAURI
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THESIS MADE BY
Nane Amiryanreceived her B.Aand M.A. inEconomics fromYerevan StateUniversity,
Armenia.
SharmisthaBhattacharjeereceived a B.EElectronics andTelecommunicaEngineering anost !raduate
"i#loma in $ndManagement
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INTRODUCTION
This research examines the reati!nshi" #et$een "rice an% "er&!rmthe US tr'c(in) mar(et
Ana*+e $hether #etter "er&!rmance c!mman%s hi)her "rice #* exathe im"act !& in%i,i%'a "er&!rmance "arameters
Parameters are : !n time "ic(-'" .OTP/0 !n time %ei,er* .OTD/ an%
acce"tance rati! .AR/
Trans"!rtati!n is the i&e#!!% !& the U1S1 ec!n!m*0 an% !,er-the-r!atrans"!rtati!n is its ma2!r se)ment
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CONTD3
The ec!n!m* %e"en%s !n tr'c(s t! m!,e a#!'t 456
Carriers ex"ect t! #e "ai% &air* &!r the 7'ait* !& their ser,ice $hieshi""ers $ant t! rea" #ene8ts &r!m their !*at*1
O#2ecti,e !& research t! ana*+e the "er&!rmance !& the carriers an%
'n%erstan% $hether there is a c!rreati!n #et$een "er&!rmance an%"ricin) in a shi""er-carrier reati!nshi"
Research as! ex"!res $hether shi""er !*at* !n a ane t!$ar%s a ins"ire% !*at* &r!m a carrier t!$ar%s a shi""er
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METHODO9OGY
The %ataset &!r this research inc'%e% 4 m!nths !& ten%er an% shi"ment rec%r*-,an0 tr'c( !a% shi"ments &r!m the Trans"!rtati!n Mana)ement Centre .
The %ataset c!nsists !& ten%er in&!rmati!n &r!m ;5 shi""ers an% carriers!"eratin) $ithin the ;? states !& the Unite% States1
T!ta !& @04>0=
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De8ne% carrier "er&!rmance 'sin) > "arameters:
%n&Time ic'&u#(
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CONTD3
%n&Time "elivery(
Acce#tance )atio(
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c!n%'cte% O9S re)ressi!n $ith c!st "er !a% as the %e"en%ent ,ariaan% %istance0 )e!)ra"h* an% "er&!rmance "arameters as the in%e",aria#es
Besi%es the a#!,e m!%es0 $e %e8ne% a &act!r cae% shi""er !*at*$hich is %e8ne% as the c!nsistenc* an% ,!'me !& !a%s a shi""er !
carrier !n a "artic'ar ane1
teste% its eects !n the c!st "er !a% an% !n the acce"tance rati!s
9!*at* $as %e8ne% in $a*s
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9OYA9TY AYS
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RESULTS AND OUTPUT
OTD "er&!rmance an% carrier rates sh!$e% a si)ni8cant am!'nt !&c!rreati!n
c!nc'%e% that $hie carriers are "enai+e% &!r "!!r "er&!rmance0 th"er !a% %!es n!t stea%i* increase #'t rather attens a&ter a thresh?56 !n-time %ei,er* "er&!rmance
re)ressi!n %i% n!t *ie% a %irect res't #et$een c!st "er !a% an% OTthr!')h chi-s7'are% test0 $e sa$ a reati!nshi" #et$een OTP an% O
Transit times !&ten inc'%e en!')h extra time t! a#s!r# a si)ht* at%e"art're1
carriers ma* ch!!se t! #e a itte ate s! that the %ri,er h!'rs an% %match m!re c!se t! the %ei,er sche%'e in an e!rt t! #!!st e
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C!nc'%e% &r!m the reati!nshi" #et$een c!st "er !a% an% OTD tha#eha,i!rs are in'ence% #* "rice
I& &rei)ht is n!t "rice% ri)ht0 carriers $i "ri!riti+e their c!mmitments
Research %i% n!t 8n% a %irect reati!nshi" #et$een AR an% c!st "er
O#ser,e% that as the carrier recei,es m!re #'siness in terms !& n'm$ee(s in a ane in a *ear &r!m a shi""er0 the carrier !ers a !$er ra
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The re)ressi!n m!%e s'))este% a s'#si%* !& 5 "er !a% &!r e,er* @56 in9!*at*
F'rther n!tice% that !$er "ricin) )i,en #* carriers t! !*a shi""ers is the h$hen the ha's are sh!rt .ess than 55 mies !r ,er* !n) .)reater than @
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FURTHER RESEARCH
hen it c!mes t! acce"tance rati!0 $e $ere n!t a#e t! 8n% an* streati!nshi" #et$een "er&!rmance an% "rice
$e sa$ an increase in acce"tance rati!s as the !*at* increases
T$! s'ch ,aria#es are "rice %ierentia that is #ein) !ere% t! the!n a "artic'ar ane &r!m %ierent shi""ers an% the ca"acit* !& theha' !a%s c!m"are% t! the )enera %eman% &!r T9 carriers !n the ane in a "artic'ar *ear
Gettin) "rice %ierentia %ata an% inter,ie$in) the tr'c(in) c!m"a&'rther he" shi""ers 'n%erstan% the acce"tance "atterns !& the ca
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