Redeeming Miles- Do you calculate cpm?
Hi!
Between my college-age kids doing study in Europe, my parents needing to come home from their "snowbird" condo and my wife now thinking that her time to explore the world (with me, of course, on my business trips) has arrived, I am seriously redeeming the miles that I have accumulated. I'm wondering how many FTers make these decisions on cost per mile (CPM) or on cost of relationships (CPR). How do you calculate the value of your use of miles?