Using the new crossover mileage in Problem S5.7, what is the crossover point in years?
Problem S5.7 - In Problem S5.5, if gas prices rose to $4.00 per gallon, what would be the new crossover point in miles?
Problem S5.5 - What is the crossover point in miles between the hybrid vehicle in Problem S5.4 and this alternative vehicle from a competing auto manufacturer?
Vehicle Purchase Cost
|
$19,000
|
Vehicle Operating cost per mile
|
$0.09
|
Useful Life of Vehicle
|
15 years
|
Miles Per Year
|
14,000
|
Miles Per Gallon
|
35
|
Average Fuel Price Per Gallon
|
$3.75
|
Problem S5.4 - What is the total vehicle life cycle cost of this hybrid car, given the information provided in the following table?
Vehicle Purchase Cost
|
$17,000
|
Vehicle Purchase Cost
|
$0.12
|
Useful Life of Vehicle
|
15 years
|
Miles Per Year
|
14,000
|
Miles Per Gallon
|
32
|
Average Fuel Price Per Gallon
|
$3.75
|