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Construct a spreadsheet model to analyze the two choices

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Reference no: EM132362820

Rent a car. The two popular rental car companies in town are Goldee and Supreme. Goldee charges $195.99 per day plus $0.85 per kilometer, and Supreme charges $175.99 a day plus $1.29 per kilometer. You are taking a trip upcountrv and will need to rent a car.

a) Construct a spreadsheet model to analyze the two choices. Sketch the In?uence diagram of your model.

b) It is likely that this trip will span 3 to 5 days and involve a signi?cant amount of driving. Which company should you go with? Explain your choice.

c) At what travel distances will you be indifferent to either rental company? If the trip is longer than 5 days, will the indifferent distance be longer or shorter?

Reference no: EM132362820

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