Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Electric cars, which accounted for 2.6% of global car sales and about 1% of global car stock in 2019, registered a 40% year-on-year increase. As

Electric cars, which accounted for 2.6% of global car sales and about 1% of global car stock in 2019, registered a 40% year-on-year increase. As the technology for vehicle electrification advances and the market for electric cars expand, more car manufacturers are exploring the possibility of manufacturing electric cars. (a) The inputs used in the production process of cars are labour, raw materials, and energy. Given the following scenario: To manufacture X + 10 petrol-driven cars, the labour cost is $20,000; raw materials cost is $30,000; and energy cost is $12,000. X is the last digit of your Student PI number. Example: If your Student PI number is W1234567, then X = 7 and the total number is 17. To manufacture the same number of electric cars, the electric car requires 20% less raw material and 50% less energy, but 30% more labour. Calculate the energy productivity and overall productivity for petrol-driven cars and electric cars. Which type of car will you recommend the company to produce? Why? (b) Explain how manufacturing electric cars can support environmental, social and economic sustainability. Provide examples to support your answer.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Operations Management

Authors: William J Stevenson, Mehran Hojati

4th Canadian edition

978-1259270154, 1259270157, 978-0071091428

More Books

Students also viewed these General Management questions

Question

5.2 How do supply-side policies aff ect longrun aggregate supply?

Answered: 1 week ago

Question

How many neurones does the human brain contain?

Answered: 1 week ago

Question

Brain part of logical and dicision making......?

Answered: 1 week ago

Question

The supporting and nurturing cells found in brains are........?

Answered: 1 week ago

Question

The outer covering of the brain is covered with..........?

Answered: 1 week ago