(10 marts Question 3 Joy Ride Car Renting Service is developing a replacement policy for its car fleet for a 4-year planning horizon. At the start of each year, a decision is made as to whether a car should be kept in operation or replaced. A car must be kept in service at least 1 year, with a maximum service life of 3 years. Table 1 provides the replacement cost as a function of the year a car is acquired and the number of years in operation. Table 1: Joy Ride Car Renting data Replacement Cost (GHS) for given years in operation Year acquired 1 2. 3 300 410 680 2 400 480 700 3 420 720 4 480 $70 {a) Create a network dayram to represent this probleme CR. (10 marks) (b) Determine the shortest path from the hurt node to the end nede. AN (10marks) (c) i Interpret your answer in balet il Evaluate the total sponding to this solution EVSmarks) (10 marts Question 3 Joy Ride Car Renting Service is developing a replacement policy for its car fleet for a 4-year planning horizon. At the start of each year, a decision is made as to whether a car should be kept in operation or replaced. A car must be kept in service at least 1 year, with a maximum service life of 3 years. Table 1 provides the replacement cost as a function of the year a car is acquired and the number of years in operation. Table 1: Joy Ride Car Renting data Replacement Cost (GHS) for given years in operation Year acquired 1 2. 3 300 410 680 2 400 480 700 3 420 720 4 480 $70 {a) Create a network dayram to represent this probleme CR. (10 marks) (b) Determine the shortest path from the hurt node to the end nede. AN (10marks) (c) i Interpret your answer in balet il Evaluate the total sponding to this solution EVSmarks)