Part 1 Open with Google Docs The demand for Electric Vehicle charging stations is expected to grow. A shopping center has anywhere from 500 to 1000 vehicles entering and leaving the premises each day. About 70% of the vehicles are driven by middle aged and older customers, while 10% is driven by teenagers. Given this information, how many rapid electric charging stations would you recommend? Nonc 5 at a cost of $500 per station 10 at a cost of $450 per station 20 at a cost of S400 per station 100 at a cost of $350 per station Give your reasons in 2 to 5 tines . . . . Answer: It is expected that younger drivers will invest in electric vehicle. (assumption-that requires validation) 10% of the vehicles (between 50 and 100) vehicles may require charging stations. Revenue Stream of the revenue associated with each electric vehide is $10, then every day $10*50 to $10*100 is earned. If one charging station caters to (average) of 5 cars, then 50 cars will require 10 charging stations and 100 cars will need 20 charging stations. Therefore, if 20 stations are installed, initial investment = $400*20 = $8000 From here, the cash flow table can be put together. Notice that volume discounts need to be considered when calculating cost. Next, calculate the rate of return on the investments over a period of 5 years and 10 years. Assume that the loan is obtained at 0% interest. Production Planning and Control Assignment on demand forecasting Part 1 The demand for Electric Vehicle charging stations is expected to grow. A shopping center has anywhere from 500 to 1000 vehicles entering and leaving the premises each day. About 70% of the vehicles are driven by middle aged and older customers, while 10% is driven by teenagers. Given this information, how many rapid electric charging stations would you recommend? None 5 at a cost of $500 per station 10 at a cost of $450 per station 20 at a cost of $400 per station 100 at a cost of $350 per station Give your reasons in 2 to 5 lines Answer: It is expected that younger drivers will invest in electric vehicle. (assumption that requires validation) 10% of the vehicles (between So and 100) vehicles may require charging stations. Revenue Stream of the revenue associated with each electric vehicle is $10, then every day $100 to $10-100 is earned If one charging station caters to (averape)ots cars, then 50 cars will require 10 charging stations and 100 cars will need 20 charging stations Therefore, if 20 stations are installed, initial investment = $400*20 - $2000 From here, the cash flow table can be put together. Notice that volume discounts need to be considered when calculating cost Ned, calculate the rate of return on the investments over a period of years and 10 years. Assume that the loan is obtained at 0% interest
