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Shruti Bansal
Principal Product Manager

Product Updates
5 min
May 25, 2021

What is fleet utilization & why is it important?

Shruti Bansal
Principal Product Manager

At the core of any fundamental market analysis lies supply and demand of the asset. Higher demand with the same supply results in higher prices and vice-versa. Asset or fleet utilization is one way to measure the supply and demand balance and in turn the market price. It is a measure of the actual use of an asset divided by the number of assets available to use

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