It is true that calendars cant schedule your time for you . Google realized that and tried to create an app that will organize your week according to the levels of energy you have. You can either determine these or use the median for all people. As they tested, they found that the highest level of energy comes on Wednesdays. So this is the day when you should schedule the most energy consuming tasks.
This video shows in an effective way the steps we need to follow to manage our time and produce the best results. Of course things are still under investigation, but these techniques work.