One thing I love to do with my family is to go Alpine skiing. With Quantrix’s HQ in Maine, we can take advantage of some great ski areas. Each year we make a point to ski Sugarloaf, Mt. Abram, Black Mountain of Maine and Shawnee Peak. I even maintain a personal ski blog about our family skiing adventures. Our favorite mountain and where we have a season pass every year is Saddleback located in Rangeley, Maine.
Each year about this time, ski areas offer “Early-Bird” pricing on next year’s season pass. The analysis for buying a season’s pass is very multi-dimensional. There is season pass price, purchase time deadlines, age level of passes, day ticket prices and the question of “How many ski-days does it take to pay off a season pass?” And of course I use Quantrix Modeler and the Quantrix Qloud to do this analysis.
With the first purchase deadline approaching, I put a model together quickly with one formula driving the entire calculation. The model is expandable so when new season pass deadline comes, I can easily expand the dimension, add the new pricing figures and the model will just… work. No formula editing or copying and pasting things around. There is also a nice canvas I built to show the model results that has links to the Saddleback website. I use a picture of my son skiing as the canvas image background.
You can view the model on our Quantrix Qloud, and you can download the model file itself here. While we market Quantrix as a tool for business, it certainly has many personal finance applications as well.
Mike Salisbury is the Sr. Product Manager for Quantrix. In his free time in the winter you can find him somewhere on a ski slope.