An automobile manufacturer would like to add a new feature to their standard production model. The new

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An automobile manufacturer would like to add a new feature to their standard production model. The new feature will cost the manufacturer $8.67 per car to produce, and they expect to sell 100,000 cars per year. If the cars normally sell for $25,990 each, how much do they need to increase the price to reach a break even point in 18 months?

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Exploring Engineering An Introduction to Engineering and Design

ISBN: 978-0123747235

2nd edition

Authors: Philip Kosky, George Wise, Robert Balmer, William Keat

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