Best Rentals charges a daily fee plus a mileage fee for renting its cars. Barney was charged $156 for 3 days and 300 miles, while Mary was charged $283 for 5 days and 600 miles. What does Best Rental charge per day and per mile?
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Best Rentals charges a daily fee plus a mileage fee for renting its cars. Barney was charged $156 for 3 days and 300 miles, while Mary was charged $283 for 5 days and 600 miles. What does Best Rental charge per day and per mile?
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- X worked as a food delivery rider with Food Panda company for two years. In his line of work, he relies on his 15-year-old Honda EX-5 motorcycle to deliver the ordered food to customers. Even though his motorcycle is not fast, it has served him well for the past two years. Unfortunately, his motorcycle got stolen last midnight at his home due to his ignorance not locking the motorcycle properly. Thus, the incident has left him with no other choice except to buy a new motorcycle. X manages to gather a total of RM8,000 from his savings and donations from family members and friends to buy a new motorcycle. However, X is still in the dark about the criteria for a new motorcycle that he supposes to buy within his budget range, but in his mind, X wants his new motorcycle to be faster than his old Honda EX-5. As his friend, please assist X in deciding about his new motorcycle by performing the stepby-step analysis suggested by the Decision-Making Process model. Analyse the…The Woody Company manufactures slippers and sells them at $10 a pair. Variable manufacturing costs are $4.50 a pair, and allocated fixed manufacturing costs are $1.50 a pair. It has enough idle capacity available to accept a one-time-only special order of 20,000 pairs of slippers at $6 a pair. Woody will not incur any marketing costs as a result of the special order. What would the effect on operating income be if the special order could be accepted without affecting normal sales? (a) $0, (b) $30,000 increase, (c) $90,000 increase, (d) $120,000 increaseA Southern Georgia school district is considering ordering 58 propane-fueled school buses. "They're healthier, they're cleaner burning, and they're much quieter than the diesel option," said a school administrator. Propane-powered buses also reduce greenhouse gasses by 25% compared to gasoline-powered buses and 8% compared to diesel ones. But they come at a premium—$97,000 for a propane model, $17,000more than the diesel equivalent. The propane bus operating cost (above and beyond fuel cost) is 40 cents/mile, compared to 49cents for the diesel. Diesel fuel costs about $4/gallon in Georgia, about $1 more than propane. Bus mileage is 9 mpg for the propane model vs. 7 mpg for diesel. The life of a school bus in the district averages 10 years, and each bus travels an average of 34,000 miles per year because the district is so large and rural. Which bus is the better choice based on a life-cycle analysis? Use the obtained value to calculate the total cost of using…
- Gas Me Up is considering offering bagged ice sales through a self-service company that would locate a machine on the edge of the parking lot. IceBox would charge a monthly lease fee of $325 for setup and maintenance and there is a utilities’ cost Gas Me Up incurs of $0.07 for every bag of ice. KeepItCool would charge a monthly lease of only $225, but the added energy cost for every bag of ice is $0.11 due to the larger size of the machine. Customers purchase each bag of ice for $2.50, regardless of the company, but Gas Me Up only earns 40% of the total revenue for each bag of ice sold. What is the annual break-even point for each option? At what volume in number of bags of ice would the two options have the same cost? At what forecasted volume should Gas Me Up select IceBox and what volume should the company select KeepItCool and why?A Southern Georgia school district is considering ordering 57 propane-fueled school buses. "They're healthier, they're cleaner burning, and they're much quieter than the diesel option," said a school administrator. Propane-powered buses also reduce greenhouse gasses by 24% compared to gasoline-powered buses and 7% compared to diesel ones. But they come at a premium—$105,000 for a propane model, $10,000 more than the diesel equivalent. The propane bus operating cost (above and beyond fuel cost) is 35 cents/mile, compared to 45 cents for the diesel. Diesel fuel costs about $4/gallon in Georgia, about $1 more than propane. Bus mileage is 9 mpg for the propane model vs. 8 mpg for diesel. The life of a school bus in the district averages 11 years, and each bus travels an average of 37,000 miles per year because the district is so large and rural. Which bus is the better choice based on a life-cycle analysis? Calculate the fuel cost for the propane-fueled bus. Use…Why do we refer to these guidelines as "inference rules"? Please include an illustration of both "ahead chaining" and "reverse chaining."
- A Southern Georgia school district is considering ordering53 propane-fueled school buses. "They're healthier, they'recleaner burning, and they're much quieter than the diesel option,"said a school administrator. Propane-powered buses also reducegreenhouse gases by 22% compared to gasoline-powered buses and6% compared to diesel ones. But they come at a premium- $) 03,000for a propane model, $15,000 more than the diesel equivalent.The propane bus operating cost (above and beyond fuel cost)is 30 cents/mile, compared to 40 cents for the diesel. Diesel fuelcosts about $2/gallon in Georgia, about $1 more than propane.Bus mileage is 12 mpg for the propane model vs. 10 mpg for diesel.The life of a school bus in the district averages 9 years, andeach bus travels an average of 30,000 miles per year because thedistrict is so large and rural.Which bus is the better choice based on a life cycle analysis?Machine A costs Rs 45,000 and its operating costs are estimated to be Rs 1,000 for the first year increasing by Rs 10,000 per year in the second and subsequent years.Machine B costs Rs 50,000 and operating costs are Rs 2,000 for the first year, increasing by Rs 4,000 in the second and subsequent years.If at present we have a machine of type A, should we replace it with B? if so when?Assume that both machines have no resale value and their future costs are not discounted.Ali worked as a food delivery rider with Food Panda company for two years. In his line of work, he relies on his 15-year-old Honda EX-5 motorcycle to deliver the ordered food to customers. Even though his bike is not fast, it has served him well for the past two years. Unfortunately, his motorcycle got stolen last midnight at his home due to his ignorance of not locking the bike properly. Thus, the incident left him with no choice but to buy a new motorcycle. Ali gathers a total of RM10,000 from his savings and donations from family members and friends to buy a new bike. However, Ali is still in the dark about the criteria for a new motorcycle that he supposes to buy within his budget range, but in his mind, Ali wants his new bike to be faster than his old Honda EX-5. As his friend, please assist Ali in deciding on his new motorcycle by performing the step-by- step analysis suggested by the Decision-Making Process model. Analyze the best brand and model of…
- Travis Kellogg is a sales representative for Xerox and his territory includes St. Louis and the surrounding suburbs. One of his accounts is Cintas, which offers a wide range of products to businesses. Travis was working with the Cintas division manager, Kiera Valentine, to gain her approval to purchase a networked printer and copier for the local office. The price of the printer/copier including installation would be $5,490, but Kiera has a spending limit of $5,000. She and Travis try to negotiate how Xerox can get the order and Kiera can get the printer but stay within her division’s budget. Eventually, they agreed to a deal of $5,000 for the printer/copier, plus Cintas would deliver and maintain welcome mats or rugs in Xerox’s St. Louis office. Travis and Kiera successfully utilized _____ to facilitate the exchange. A.trade B.credit C.money D.bartering E. negotiationDavid Austin recently purchased a chain of dry cleaners in northern Wisconsin. Although thebusiness is making a press, he could recognize a substantial increase in profits.The new press costs $15,400 to purchase and install and can press 40 shirts an hour (or 320 perday). David estimates that with the new press, it will cost $0.25 to launder and press each shirt.Customers are charged $1.10 per shirt.a. How many shirts will David have to press to break even?b If David cuts his price to $0.99 a shirt, he expects to be able to stabilize his customer base at250 shirts per day. How long would it take to break even at the reduced price of $0.99? ShouldDavid cut his price and buy the new press?Suppose we schedule shipments to our customers so that we expect each shipment to wait for two days in finished goods inventory (in essence we add two days to when we expect to be able to ship). We do this as protection against system variability to ensure a high on-time delivery service. If we ship approximately 2,000 units each day, how many units do we expect to have in finished goods inventory after allowing this extra time? If the items are valued at $4.50 each, what is the expected value of this inventory?