2-21. A regional airline company estimated four years ago that each pound of aircraft weight adds $30
Question:
2-21. A regional airline company estimated four years ago that each pound of aircraft weight adds $30 per year to its fuel expense. Now the cost of jet fuel has doubled from what it was four years ago. A recent engineering graduate employed by the company has made a recommendation to reduce fuel consumption of an aircraft by installing leather seats as part of a “cabin refurbishment program.” The total reduction in weight would be approximately 600 pounds per aircraft. If seats are replaced annually (a worst-case situation), how much can this airline afford to spend on the cabin refurbishments? What nonmonetary advantages might be associated with the refurbishments? Would you support the engineer’s recommendation? (2.1)
Step by Step Answer:
Engineering Economy
ISBN: 9780134870069
17th Edition
Authors: William Sullivan, Elin Wicks, C Koelling