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You have been hired as a consultant to determine how cost effective hybrid cars are in the light of increasing gas prices. Assume: the hybrid car costs $30,000, and goes 50 miles/gallon its regular (non-hybrid) counterpart costs $20,000, and goes 20 miles/gallon you drive 15,000 miles/year on the average. Build a mathematical model (formula) showing the number of years it will take a hybrid car to pay for itself (PAYBACK) as a function of the price of the hybrid car (H-PRICE), the MPG of the hybrid car (H-MPG), the price of its regular (non-hybrid) counterpart (R-PRICE), the MPG of its regular counterpart (R-MPG), the average distance driven per year (DISTANCE), and the price of gas (GAS). Show this formula explicitly in the work you turn in. Put this formula, as well as all the facts given above, into a spreadsheet. Use the spreadsheet to answer the following questions. How long will the hybrid car take to pay for itself if the price of gas were $10/gallon? At what current gas price will the hybrid car pay for itself in 5 years? How sensitive is the payback period to the changes in the (average) distance driven per year? The document you turn in should show the formula (easily built in MS-Word using the Equation capability under Insert) as well as the answers to questions 3/4/5 above. As usual, convert the Word document into pdf format before turning it in. Note: By "a hybrid car paying for itself" we mean a hybrid car generating enough savings in fuel expenses to recoup the extra price the customer has to pay over its non-hybrid counterpart.
Analyze the case Cola Wars Continue: Coke vs. Pepsi in the Twenty-First Century from the theoretical framework.
An industrial machine tools manufacturer supplies replacement parts from its inventory. For a particular part, the annual demand is expected to be 750 units.
How much longer should you stay as primary consultant? You feel your effectiveness is waning because you have become too close to the group and have not addressed the connection of the board to the president. The team is becoming dependent on you.
Write a 350-word paper based upon the data collected on the process. Identify and discuss the main bottleneck in this process. Apply Goldratt's theory of constraints to identify and overcome process bottlenecks.
The BBC ran a documentary last night about the decision of the U.S. and Britain to go to war with Iraq in 2003. What elements of bargaining failure might have contributed to this Iraq war?
The management of Madeira Manufacturing Company is considering the introduction of a new product. The fixed cost to begin the production of the product is $28,000. The variable cost for the product is expected to be between $14 and $27 with a most li..
What are the company's business-related comments for the period in question [first quarter, for example]?
Analyze and evaluate the issues identified based on the informaion provided in the case. Recommend a set of actions management should take to address the issues that have been identified and analyzed.
From a personal or professional experience base, provide an example of where the use of sensitivity analyses would have been a good model analysis technique to use to obtain an optimum decision. Please explain why you have this opinion
Compare and contrast the advantages and drawbacks of having a marketing orientation in an organization. Make sure to include an example in your discussion.
Report On Operations And Quality Assessment
What are the main decision areas of job-shop scheduling? Why is scheduling fairly simple for repetitive systems, but fairly complex for job shops? Briefly describe each of these priority rules: a. FCFS, b. SPT, c. EDD. Why are priority rules needed? ..
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