CTC - Car Tycoon Challenge #6 - 1955 [RESULTS]

[darkjedi]

when are the results coming in?

[Der Bayer]

Final Results

The PDF file with the results is available here.
























Price Overview for every player: Google Folder

Grats to the winners and thanks to everyone for participating! I hope you had fun (because this is what the challenge is all about)! The CTC will now go into Christmas holidays.

[VicVictory]

YESS! #2 in both CS and MS with the Midnight 320!

Also Der Bayer... page 2 of the PDF is from CTC5, not CTC6.

Looks like that massive overproduction glut by a few players bit them hard (and everyone else as well). I'd say I'm surprised that I made a loss on the Starlight, but given that multiple people in that category set their production totals to 1mil+...

[Reaper392]

Well, that went about a million times better than I was expecting. I wonder what would have happened if I made a bigger factory

Is there any chance you could do the optimum price analysis thingy again for my superbarge, but with a higher limit than what I was already selling for

Ps. The second page on the overview is from CTC5 I believe

[Molotov]

#1 in OR$ with my only (rushed) car, that was much better than I ever expected!

I think I'll specialize in off-road vehicles...

[Leonardo9613]

YES! Number One on sales per car!

Although, I aimed this car at overall profits....but good enough for me

And the 10 min supercar did amazingly well, for something that took me 9 min between starting the car and sending the file to Bayer

[Slim Jim]

I didn't quite reach the sales goal for the Bubblegum Pop (the dealers won't be too happy with all that excess inventory they're sitting on, LOL). But I'm amazed at how accurate the sales numbers are. I sold about 160k cars - which is identical to the production numbers for the Isetta 300, the "performance" benchmark. Incredible! I did at least win top 3 in the compact category - the "loss leader" strategy worked well this time around, but I grossly overestimated the market size.

Predictably, the GMW 587 was profitable, though not enough to make up for the Bubblegum Pop. Definitely had fun as always!

This will be my philosophy as well (especially after my disaster of a luxo-barge)... It'll make for much better reading when scrolling through the top trumps cards as well

Amen!

[VicVictory]

but I grossly overestimated the market size.

You're not the only one. I overestimated as well, and I know others did too. We were assuming we'd have closer to 60 entries like last time, and not fewer than 50. If I had any inkling of that, I'd have dropped total production probably 300-400k between the two models. Don't know if it would have put me in the black overall, but it would have been better.

[mer_at]

I overestimated the market size (thought there will be 60-70 cars), and underestimated the other cheap-crap cars
At least ME Overkill did ok.

[Sebulba09]

too big factories for too less buyers...should have aimed for max production of 400k each. but the silvercould take 3 times the 3rd place ( CS, MS and OR$$ ) and gained a profit of 31% with 367k untis sold. the SFTC gained a loss of 1% with 228k units sold.

a scaling factor/guideline for the size of the market regarding participants would be nice for the future. steps per 10 entrants should be feasible.

@Der Bayer: page 2 of the results pdf shows CTC #5 marketshare

[maffc]

I overestimated the market size (thought there will be 60-70 cars), and underestimated the other cheap-crap cars
At least ME Overkill did ok.

Yeah me too, at least my cheap ass model didn't wipe out all the profits from my comfy coupe. I Shan't be chasing the cheap ass market next time (or will I).

[GenJeFT]

The Wooden Cog Car Co proves once again it can deliver. Production was lowered in anticipation of a smaller market this year because of the Korean War and due to the change of operations profit margins have never been better ever.

Both the Road Sofa 9001 and the Pax Americana were successful. Apparently my dad was one of the 55ish people who bought it as a family car (you might laugh but my dad had a HUGE car when I was a kid).

[Slim Jim]

but I grossly overestimated the market size.

You're not the only one. I overestimated as well, and I know others did too. We were assuming we'd have closer to 60 entries like last time, and not fewer than 50. If I had any inkling of that, I'd have dropped total production probably 300-400k between the two models. Don't know if it would have put me in the black overall, but it would have been better.

And then you end up in a prisoner's dilemma sort of situation trying to estimate how many entries we'll have.

Do you:
1. wait to the last minute to submit that way you can get a better idea as to how many entries there will be? (of course, if everyone did this, you'd still have a poor estimation)
2. wait 1 week, and then estimate how many entries are likely to be submitted (still run the risk of a flood of last minute entries, throwing off your numbers)
3. take an average of the total submissions across all CTC's and stick to that number
4. some combination of the above
5. forget about estimating entirely, and just play the game for fun LOL

I'll probably just stick to #5 , but the question does bring up an important topic for when the Tycoon part of the game is being worked on. How do we, like real-life car manufacturers, estimate potential sales volume, and create sales/production budgets?

[Der Bayer]

The second page on the overview is from CTC5 I believe

Updated, thanks!

Is there any chance you could do the optimum price analysis thingy again for my superbarge, but with a higher limit than what I was already selling for

Here you go:

Do you:
1. wait to the last minute to submit that way you can get a better idea as to how many entries there will be? (of course, if everyone did this, you'd still have a poor estimation)
2. wait 1 week, and then estimate how many entries are likely to be submitted (still run the risk of a flood of last minute entries, throwing off your numbers)
3. take an average of the total submissions across all CTC's and stick to that number
4. some combination of the above
5. forget about estimating entirely, and just play the game for fun LOL

6. know how many competitors there are and still be f'ed because all are in your target group and you didn't know that.

[Slim Jim]

6. know how many competitors there are and still be f'ed because all are in your target group and you didn't know that.

Yup, didn't think about that! Although that is part of what makes this challenge so much fun - the "insecurity of what rivals will throw on the market" - being one the main features.