In the solved problem S5.2, the Yellow Transport bus costs dollar 105,000, travels 25,000 miles per year for 10 years, and has an operating cost of dollar 0.32 per mile. What is its total life cycle cost?
Explanation
This question requires performing a life cycle cost calculation based on a worked-out example, summing the initial purchase price, total fuel costs, and total operating costs over the vehicle's lifetime.
Other questions
What is the definition of corporate social responsibility (CSR) as it relates to managerial decision making?
What does the term 'sustainability' mean in a business context?
The 'triple bottom line' of sustainability considers the systems necessary to support which three components?
What is a 'carbon footprint' defined as?
According to the analysis of Frito-Lay's potato chip production, a 34.5-gram bag of chips is responsible for how many grams of emissions?
What does 'life cycle assessment' evaluate?
What are the three core elements of the International Organization for Standardization (ISO) 14000 family of standards?
What is the primary goal of a closed-loop supply chain, also known as reverse logistics?
In the context of the design for disassembly cost-benefit analysis for the Harmonizer speaker, what is its revenue retrieval? The resale revenue is dollar 35.49, recycling revenue is dollar 11.94, processing cost is dollar 22.33, and disposal cost is dollar 2.97.
According to the analysis of the Ford TriVan in Example S2, what is its total life cycle cost, given a purchase cost of dollar 28,000, a lifetime fuel cost of dollar 31,167, and a lifetime operating cost of dollar 35,200?
What is the crossover point in miles between the Ford TriVan and Honda CityVan, where the life cycle costs are equal, as calculated in Example S2?
The OM in Action box 'Blue Jeans and Sustainability' states that traditionally, nearly 3,800 liters of water are used throughout the lifetime of a pair of Levi's 501 jeans. What two activities account for the vast majority of this water consumption?
What does the European Union Emissions Trading System (EUETS) use to reduce industrial greenhouse gas emissions?
What is the focus of the ISO 14001 standard?
What is meant by 'shared value' in the context of Corporate Social Responsibility?
How does Caterpillar's 'Cat Reman' initiative exemplify a closed-loop supply chain?
In the 'Product Design' section, what example is given of a company using a systems view to lower environmental impact, resulting in a product that saves consumer energy?
What are the '3 Rs' that product design teams, process managers, and supply-chain personnel focus on to reduce environmental impact?
How did Frito-Lay reduce water consumption in its potato processing factory?
What logistical strategy does UPS use to reduce fuel usage and carbon emissions?
In the comparison of two speaker designs in Example S1, the Harmonizer has a revenue retrieval of dollar 22.13 and the Rocker has a revenue retrieval of dollar 11.41. Which is the better environmental design alternative and why?
What percentage of a 2015 Mercedes S-class vehicle is recyclable, according to the OM in Action box 'From Assembly Lines to Green Disassembly Lines'?
What is the crossover point in years between the Ford TriVan and Honda CityVan, given a crossover point of 95,012 miles and an annual travel distance of 22,000 miles?
In the solved problem concerning a new hybrid car, the vehicle has a purchase cost of dollar 17,000, an operating cost of dollar 0.12 per mile, a useful life of 15 years, and travels 14,000 miles per year. What is its total vehicle life cycle cost if the fuel cost over its life is calculated to be dollar 19,687.50?
What is the total life-cycle cost of the Honda CityVan if the cost of gasoline drops to dollar 3.25 per gallon? The van costs dollar 32,000, travels 22,000 miles per year for 8 years, gets 37 miles per gallon, and has an operating cost of dollar 0.22 per mile.
What resource conservation initiative did S.C. Johnson undertake to reduce its reliance on coal-fired power?
The OM in Action box on Subaru's ISO 14001 certification mentions that the plant became the first completely waste-free auto plant in North America. What does 'zero' waste mean in this context?
What is economic sustainability?
In Problem S5.10, a new electric car generates 6 ounces of greenhouse gases (GHG) per mile during operation and had 40,000 lbs of GHG generated during its manufacture and recycling. A standard car generates 12 ounces per mile and had 15,000 lbs of GHG for manufacture and recycling. How many miles must the electric car be driven to be the preferable decision in terms of total GHG?
In the solved problem for Design 1 of a mobile audio player, the resale revenue is dollar 4.93 for the tuner, dollar 0 for the speaker, and dollar 6.43 for the case. What is the total resale revenue per unit?
According to the problem regarding a Southern Georgia school district, what is the price premium for a propane-fueled school bus compared to its diesel equivalent?
Which of the following is NOT listed as an advantage of implementing ISO 14000 standards?
How much does Las Vegas pay residents per acre to remove lawns and replace them with rocks and native plants?
What is the 'commons' in the context of sustainability?
What are the three ways mentioned in the text for finding solutions for the use of resources in the common?
How did Boston's Park Plaza Hotel reduce its use of plastic containers by one million per year?
What is social accounting, as mentioned in the text?
In the revenue retrieval analysis for the Rocker speaker, the total resale revenue is dollar 23.00, total recycling revenue is dollar 12.75, total processing cost is dollar 18.39, and total disposal cost is dollar 5.95. What is the revenue retrieval for the Rocker?
What innovative and lightweight material is Mercedes using for some car exteriors?
If the processing and disposal costs for the laminate back of the Harmonizer speaker tripled, what would be the new revenue retrieval for the Harmonizer? The original processing cost was dollar 4.53 and disposal cost was dollar 1.74. The total revenues remain dollar 47.43 and other costs remain dollar 17.80.
How much fuel savings do hybrid electric school buses in Kentucky achieve compared to standard diesel buses?
What is the primary objective of an operations manager during a product's life cycle assessment?
What does Levi's 'Water Less' campaign encourage consumers to do to conserve water?
In solved problem S5.1, what is the revenue retrieval for Design 1 of the mobile audio player?
What material did Ford use for seat upholstery made from recycled content?
In Solved Problem S5.2, what is the crossover point in miles between the Eagle Mover and Yellow Transport buses?
What is the crossover point in years for the buses in Solved Problem S5.2, given a crossover point of 165,563 miles and an annual travel distance of 25,000 miles?
In the problem about PG Glass, the resale revenue is dollar 12 for glass and dollar 2 for the steel frame. The recycling revenue is dollar 10 for glass and dollar 1 for the frame. Processing cost is dollar 6 for glass and dollar 1 for the frame. Disposal cost is dollar 2 for glass and dollar 1 for the frame. What is the revenue retrieval?
Using the data for PG Glass where total resale revenue is dollar 15, total recycling revenue is dollar 13, total processing cost is dollar 8, and total disposal cost is dollar 4, what is the revenue retrieval?