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Hello, could you solve this problem in an excel spreadsheet? See attached file. Which car to buy? Mr. Fox is a taxi company owner. He
Hello, could you solve this problem in an excel spreadsheet? See attached file.
Which car to buy? Mr. Fox is a taxi company owner. He is going to buy a new car. Cars M, C, R suite his needs and the prices are 25000, 22000, 23000 euros accordingly. His decision will be based on total costs per kilometer criterion. All the necessary data is given in the table below. Table Costs oflhe m Costs Car Fixed costs per year M C R Salaryr 13200 13200 1 3200 Depreciation, 15% Car insurance, 3% Variable costs per 1'00 km Fuel 11.50 13.10 12.60 Oil 1.1? 1.31 1.26 Maintenance and Repair 190 3.00 \"(.79 Tire wear 1.85 2.10 2.25 Calculate xed, variable and tutai costs per kilometer for each car. Find a recommended price per kilometer, if 80% of it equals to the total costs per kilometer. Use the Data/Table tool to calculate an average criterion value and deviatlon from the average for each vehicle when the distance travelled per year changes from 10000 up to 40000 km in steps of 2000 km. Build a chart ofdevlations to facilitate Mr. Fox decision. Write down your recommendationsStep by Step Solution
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