Question: BASED ON THE ANSWER ABOVE, ANSWER S5.5 Thank you Car 1 Car 2 vehicle cost $21,000 $23,000 S/mile Operating cost $0.14 $0.10 S/gallon fuel cost



BASED ON THE ANSWER ABOVE, ANSWER S5.5 Thank you
Car 1 Car 2 vehicle cost $21,000 $23,000 S/mile Operating cost $0.14 $0.10 S/gallon fuel cost $4.10 $4.10 mpg fuel economy 33 36 miles/year traveled per year 16000 16000 years life span 4 4 $0.264 $0.214 Total cost per mile operating cost per mile+ (Fuel cost/fuel economy) $16,911.52 $13,688.89 The total cost of Total cost per operation through mile* traveled per the life span year*life span total cost $37,911.52 $36,688.89 The total cost of operation +bus cost The total life cycle cost of car 1 is $37,912 The total life cycle cost of car 2 is $36,689 Answer b: Let the Total cost be Y for X miles Total cost= Fixed cost + Total cost per mile*x cost/fuel economy) $16,911.52 $13,688.89 The total cost of Total cost per operation through mile* traveled per the life span year*life span total cost $37,911.52 $36,688.89 The total cost of operation +bus cost The total life cycle cost of car 1 is $37,912 The total life cycle cost of car 2 is $36,689 Answer b: Let the Total cost be Y for X miles Total cost= Fixed cost + Total cost per mile*x Equation for Car 1 Y= 21000+ 0.264*X Equation for Car 2 Y= 23000+ 0.214*x the crossover point is 23000+ 0.214*x = 21000+ 0.264*X x= 39,719 miles Answer c: Crossover point in years= Crossover miles/miles per yr = 39719 miles /16000 miles per yr= 2.48 years . S5.5 In Problem S5.4, fuel efficiency was determined based on using the cars in city traffic. Estimate the total life cycle cost of each alternative and the crossover point in both miles and years if the cars are used for motorway travelling where the average effi- ciencies become 44 and 47 miles per gallon for car 1 and car 2, respectivelyStep by Step Solution
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