G.P.S. Savings Analysis Calculator

 

Respondeat superior (rehs-pond-dee-at superior) n. Latin for "let the master answer," a key doctrine in the law of agency, which provides that a principal (employer) is responsible for the actions of his/her/its agent (employee) in the "course of employment." Thus, an agent who signs an agreement to purchase goods for his employer in the name of the employer can create a binding contract between the seller and the employer. Another example: if a delivery truck driver negligently hits a child in the street, the company for which the driver works will be liable for the injuries.

Enter values in the fields with the red type...the rest of the blanks will be filled in automatically. If you change any of the data you initially entered to try different scenarios, please click on the "Update Figures" button at the bottom to ensure all of the data gets updated.


SAVINGS PROJECTIONS  
Fuel Reduction (speeding, idling, unnecessary miles driven, etc)  
Gallons per week
Cost per gallon $
Total $
Payroll Reduction (overtime, time card accuracy, wasted time)  
Hours per week
Hourly rate $
Total $
Sales Increase  
Rate per service call/deliveries $
How many additional service calls/deliveries per week?
Total $
   
Total weekly savings $
   
Total weekly savings X 52 weeks divided by 12 months = Monthly savings $
   
Less monthly GPS tracking service $
   
Net monthly savings $
   
Total number of vehicles

Total monthly savings X number of vehicles

$
   
Total Annual Savings $
   
BREAK EVEN ANALYSIS  
Hardware cost, activation & installation ($525) $
Total number of vehicles X $525.00 $
Divided by: Total monthly savings = Break even period in months per system