How many more miles of use per year more preferable

Reference no: EM132133675

Question: Compare two cars A and B. The initial cost of Car A is $500 more than Car B. However Car A consumes 0.01 less gallons/mile compared to B. Given that B's salvage value is $100 smaller than A's after an expected useful life of 8yrs for both cars. How many more miles of use per year does A become more preferable to B. Assume a fuel cost of $1.70/gallon for the entire duration.

Reference no: EM132133675

Questions Cloud

What is the profit-maximizing quantity of output : A competitive firm's production function is f(x1, x2) = 12x1/21 + 4x1/22. The price of factor 1 is $1 and the price of factor 2 is $2.

Walking on sidewalk outside canal pharmacy : Charles Daley slipped on snow and ice while walking on a sidewalk outside Canal Pharmacy. Daley was paralyzed as a result of his injuries.

How many units of should the firm use : A competitive firm produces output using three fixed factors and one variable factor. The firm's short-run production function is q = 305x - 2x2.

Make sense for delta to purchase refinery : Using the Delta Airlines’ decision to acquire a petroleum refinery, does it make sense for Delta to purchase a refinery?

How many more miles of use per year more preferable : Compare two cars A and B. The initial cost of Car A is $500 more than Car B. However Car A consumes 0.01 less gallons/mile compared to B. Given that B's salvage

Consistent with the desired service level : If an ROP model is used, what ROP would be consistent with the desired service level?

Create the spreadsheet model : Formulate the LP model for this problem. Create the spreadsheet model and use Solver to solve the problem.

Present plan to bring about necessary improvement for amazon : Present a plan to bring about necessary improvement for Amazon using John Kotter's 8-step change model.

Economic impact of non-revenue generating activity : What is the economic impact of non-revenue generating activity in the motor carrier industry?

User Account

All Pages