Homework Answers
Total cost of hybrid vehicle =Vehicle purchase cost + Vehicle operating cost per mile+ (Average fuel price per gallon/miles per gallon)
Total cost of hybrid vehicle =17500+0.13+(3.95/31)=17500+0.13+0.13=17500+0.26
Total cost of alternative vehicle = Vehicle purchase cost + Vehicle operating cost per mile+ (Average fuel price per gallon/miles per gallon)
Total cost of alternative vehicle =20000+0.10+(3.95/35)=20000+0.10+0.113=20000+0.213
Cross over point=(20000-17500)/(0.26-0.213)=53191.489=53192 Miles
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What is the crossover point in miles between the hybrid vehicle and the alternative vehicle from...
What is the crossover point in miles between the hybrid vehicle and the alternative vehicle from...
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Hartley Auto Supply delivers parts to area auto service centers and is replacing its fleet of...
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What is the crossover point in miles between the hybrid vehicle and the alternative vehicle from a competing auto manufacturer? $19,500 $0.08 Hybrid Vehicle Vehicle Purchase Cost Vehicle Operating Cost per Mile Useful Life of Vehicle Miles per Year Miles per Gallon Average Fuel Price per Gallon $18,000 $0.14 14 years 15,000 33 $3.77 Alternative Vehicle Vehicle Purchase Cost Vehicle Operating cost per Mile Useful Life of Vehicle Miles per Year Miles per Gallon Average Fuel Price per Gallon 14...
Using the crossover mileage between the hybrid vehicle and the alternative vehicle from a competing auto manufacturer below, what is the crossover point in years? Hybrid Vehicle Vehicle Purchase Cost Vehicle Operating cost per Mile Useful Life of Vehicle Miles per Year Miles per Gallon Average Fuel Price per Gallon $17,000 $0.12 15 14,000 32 $3.75 Alternative Vehicle Vehicle Purchase Cost Vehicle Operating Cost per Mile Useful Life of Vehicle Miles per Year Miles per Gallon Average Fuel Price per...
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