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PMF (New PMF principles over and above the existing 1s (C light vs. C…
PMF
New PMF principles over and above the existing 1s
Views?
Activity level?
This is broad but we can break it down for our own use
C light vs. C heavy
adequate consideration of businesses not existing in isolation
Clnt/ Relshp pricing?
C. heavy to stand on its on @ minimum neutral
Cross sub to earn above neutral, but not to bring to neutral
This seems to contradict port approach
What about bus written to obtain C.light bus
PM to inc. Ops @ C. heavy/C. light? should this not be done @ overall?
Return during stress period?
significant rel between C. heavy & C. light. PS an e.g.
extends beyong clnt to bus
Differentiated hurdles
targets @ activity/port level
Uses
PMF
actual vs. target
Port M
target setting @ act & port
Pcng
RoA measurement?
Independently
jurisdictional
Bus not prof for juris but good for overall?
part of local bus
Calc NIACC in FC using the FC. CoC & then translate to add to local performance
This must acc for RoC in the jurisdiction
How do we use PMF as a tool
subsidise other bus?
RoA?
Crd
Equts
ROC vs. Grth
New CoC
Ability to subsidise
Minimum rates?
How does this compare to Econ as PMF? will the measure change going forward to ref Econ?
FRIL entities @ different CoC as not swept