Engineering Economy (17th Edition)
17th Edition
ISBN: 9780134870069
Author: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher: PEARSON
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Chapter 1, Problem 9P
To determine
How much money would be saved every year if the car is serviced every 5,000 miles.
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Automobile repair shops typically recommend that their customers change their oil and oil filter every 3000 miles. Your automobile user’s manual suggests changing your oil every 5000-7000 miles.If you drive your car 15,000 miles each year and an oil and filter change costs $30, how much money would you save each year if you had this service performed every 5,000 miles.
If the cost of gasoline is $2.50 per gallon, how far out of your way (one way) could you afford to drive (in miles) to a service station that has gasoline at $2.25 per gallon if your vehicle gets 30 miles per gallon and you will fill up with 20 gallons of fuel? Consider only the cost of gasoline in vehicle driving cost. (Hint: Since you are going out of your way, you have to drive back the same distance.)
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