Is it down again?
23 karma · joined May 23, 2012
... Here comes it hate mail :(
I think this model is just wrong and charging any customers more due to profiling should not be practiced by any company. Assuming that your formula is correct. Don't raise the price because of the probability and risk. You should train your employees and improve your quality of service, so that the probability is low enough, now you charge back the same $5 for a fararri carwash.