Research on Influencing Factors of Car Rental Price Based on a Linear Regression Model

Author:

Tang Yuze

Abstract

The car rental becomes more and more prevalent as a way of road trips or daily use in the United States. Making the strategy of arranging the type and distribution of vehicles is a great challenge for car rental companies to attract customers. Linear regression is used in this study to analyze the impact of potential factors of vehicles on ratings from customers. These linear regression models are generated based on 5286 sets of data. The result shows that the type of electric vehicles, body style of SUVs, and new vehicles stimulate the increasement of the satisfaction of customers. In contrast, the body style taken has a negative relationship with customers’ ratings. Furthermore, renter trips taken has little impact on customer reflection compared to the age of vehicles. The purpose of this study is to provide a reference for companies to build proper strategies based on customer’s reviews to improve their business.

Publisher

Boya Century Publishing

Reference13 articles.

1. Champy, J. (n.d.). Compete by meeting unmet needs: How zipcar rethought the Car Rental Business. O'Reilly Online Learning. Retrieved September 12, 2022, from https://learning.oreilly.com/library/view/compete-by-meeting/9780132138505/ch01.html

2. Prediction of silent users of car-sharing based on Logistic Regression Model

3. 2021 North America Rental Car Satisfaction Study. J.D. Power. (2021, October 13). Retrieved September 12, 2022, from https://www.jdpower.com/business/press-releases/2021-north-america-rental-car-satisfaction-study

4. Modeling and solving the short-term car rental logistics problem

5. Integrating pricing and capacity decisions in car rental: A matheuristic approach

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3