What is a Best Practice?

What is a Best Practice?

What is a Best Practice? According to Wikipedia: “A best practice is a method or technique that has consistently shown results superior to those achieved with other means, and that is used as a benchmark.” We at Kavi Global also believe a Best Practice is: ·...
Stretch Maintenance Cost Using SAS PROC OPT Model

Stretch Maintenance Cost Using SAS PROC OPT Model

While accounting the cost to run an asset leasing business, maintenance constitutes the bulk of what ‘s spent. It also provides the opportunity to scrutinize operations. The key focus, and often a challenge, for a maintenance & planning group within an asset...
Stochastic Analysis of Rail Car Portfolios Scenarios

Stochastic Analysis of Rail Car Portfolios Scenarios

In this analysis, a railcar leasing client needed outside expertise in choosing the best mix of railcars in their future portfolio to maximize the revenue potential, while minimizing the fleet ownership risks and costs. This post outlines how the problem was...