Explain why the conerit of time value of Flectrie cars will. be produced is Evbiopia trum 2019, The car plant inventment eoet will be USS 600,000 , Initially 300 curs will be produced per mogth. A total of 30 people will be amployed, caci. earning inverage of USS 400p.m. Other coat or nunhinild the fuetocy plis the ram materials will be USS 5 milifon pa. For the glant, asaine at straght-tine deprecation and salvage value of USS 150,000 in year 6 . Astume no other cosis or taxes for the plagt. The purthane priec of ene electric car will be US\$ 14,000. A thattery and sharging unit of USS so00 wilt be trequirel per car and this will be replaced after 16 manths. It will coaf USS 0.1 of elechicity chaffe to drive 100Km asing an electric car, compared to USS 5 used by uveruge petrol cat. Assume repairs and maintenunce for petapl cars are 30hh of purehase price pid. and an average equivalent jetrol car is aold at US\$ 7000 . Alao assume other amual ropain and mainteriance cost for electric cars aie 10% of purchase price (without battery). Asaume discount rate of 12% and a life of 6 years for each car Assame both cars have a salvage value of zers 1. Unimg iaformation provided and pan-4iscounted cathifows, what is the cost of producing one electric car (3Mks) it. Using the annual equivalent method, which car is econornical to bor assuming an average driver travels 40,000Km p.a (7Milo) Discusa the various imethods of dealing with wncertainty in enginenting conourics analysis (6m/s) Explain why the conerit of time value of Flectrie cars will. be produced is Evbiopia trum 2019, The car plant inventment eoet will be USS 600,000 , Initially 300 curs will be produced per mogth. A total of 30 people will be amployed, caci. earning inverage of USS 400p.m. Other coat or nunhinild the fuetocy plis the ram materials will be USS 5 milifon pa. For the glant, asaine at straght-tine deprecation and salvage value of USS 150,000 in year 6 . Astume no other cosis or taxes for the plagt. The purthane priec of ene electric car will be US\$ 14,000. A thattery and sharging unit of USS so00 wilt be trequirel per car and this will be replaced after 16 manths. It will coaf USS 0.1 of elechicity chaffe to drive 100Km asing an electric car, compared to USS 5 used by uveruge petrol cat. Assume repairs and maintenunce for petapl cars are 30hh of purehase price pid. and an average equivalent jetrol car is aold at US\$ 7000 . Alao assume other amual ropain and mainteriance cost for electric cars aie 10% of purchase price (without battery). Asaume discount rate of 12% and a life of 6 years for each car Assame both cars have a salvage value of zers 1. Unimg iaformation provided and pan-4iscounted cathifows, what is the cost of producing one electric car (3Mks) it. Using the annual equivalent method, which car is econornical to bor assuming an average driver travels 40,000Km p.a (7Milo) Discusa the various imethods of dealing with wncertainty in enginenting conourics analysis (6m/s)