Compare the lifecycle cost of passenger vehicles operating on different fuelsUse MS Excel to develop a calculator to conduct the analysisUnderstand the different factors that impact the lifecycle cost

  • Compare the lifecycle cost of passenger vehicles operating on different fuels
  • Use MS Excel to develop a calculator to conduct the analysis
  • Understand the different factors that impact the lifecycle cost of driving

Description

In this assignment, students will develop their own tool using MS Excel to calculate the Lifecycle Cost Of Driving (LCOD) a passenger vehicle. The developed tool will include various factors such as fuel cost upfront cost, maintenance cost, and government rebates. Students will then conduct a sensitivity analysis to understand the impact of all factors on the LCOD and explain their analysis and recommendations on how to improve the LCOD for electric vehicles.

Instructions

Use the MS Excel template provided to compare the Lifecycle Cost Of Driving for two passenger vehicles; one gasoline and the other electric. The two vehicles are Nissan Altima and Nissan Leaf.

  1. Conduct the necessary research to find all the inputs needed to fill the LCOD template provided. Show your references in the summary report.
  2. Use your inputs to calculate the LCOD for each vehicle using the Excel template provided.
  3. Plot your comparison on a “stacked bar chart” showing the capital and operating components for each vehicle and also comparing the NPV,
  4. Conduct a sensitivity analysis to assess the impact on LCOD for each of the following changes and present your answers in a table making one change at a time:
    • Vehicles were driven 10,000 km per year.
    • Vehicles were driven 40,000 km per year.
    • Incentive amounts from government were doubled.
    • Electricity cost increased by 50%
    • Fuel prices increased by 50%
  5. Use MS Word to write a summary report of the main findings and discuss:
    • Initial LCOD results
    • Sensitivity analysis and impact on LCOD,
    • Policy instruments that would improve the financial case for electric vehicles,
    • What would be your recommendations from a financial standpoint to your friend who wants to buy a vehicle and is considering an electric vehicle,
    • Your summary should include all your inputs and associated reference.
  6. Submit your MS Excel showing entered inputs and plots.

Initial Assumptions 

  • Vehicles useful life = 10 years
  • Kilometers driven per year = 25,000 km
  • Discount rate = 5%

Deliverables

  • MS Word summary report.
  • MS Excel spreadsheet.

Show more

Elite Writer Help
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.