Determine the national LDV gasoline consumption using ASIF method! Please use following data to compute the fuel consumption. Parameter Unit Value Number of Cars Million unit 15.8 Million unit Km/L Number of Motorcycle Average fuel economy of cars Average fuel economy of motorcycle Average car kilometer travelled Average motorcycle kilometer travelled Share of diesel fueled car 115.1 12 Km/L 60 15000 km/year km/year 10000 % 9%

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter5: Business And Economic Forecasting
Section: Chapter Questions
Problem 1.1CE
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Determine the national LDV gasoline consumption using ASIF method!
Please use following data to compute the fuel consumption.
Parameter
Number of Cars
Number of Motorcycle
Average fueleconomy of cars
Average fuel economy of matorcycle
Average car kilometer travelled
Average motorcycle kilometer
travelled
Share of diesel fueled car
Value
Unit
Million unit
Million unit
Km/L
Km/L
km/year
km/year
15.8
115.1
12
60
15000
10000
9%
Transcribed Image Text:Determine the national LDV gasoline consumption using ASIF method! Please use following data to compute the fuel consumption. Parameter Number of Cars Number of Motorcycle Average fueleconomy of cars Average fuel economy of matorcycle Average car kilometer travelled Average motorcycle kilometer travelled Share of diesel fueled car Value Unit Million unit Million unit Km/L Km/L km/year km/year 15.8 115.1 12 60 15000 10000 9%
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