A Southern Georgia school district is consideringordering 53 propane-fueled school buses. “They’re healthier,they’re cleaner burning, and they’re much quieter than thediesel option,” said a school administrator. Propane-poweredbuses also reduce greenhouse gasses by 22% compared togasoline-powered buses and 6% compared to diesel ones. Butthey come at a premium—$103,000 for a propane model,$15,000 more than the diesel equivalent.The propane bus operating cost (above and beyond fuelcost) is 30 cents/mile, compared to 40 cents for the diesel.Diesel fuel costs about $2/gallon in Georgia, about $1 morethan propane. Bus mileage is 12 mpg for the propane modelvs. 10 mpg for diesel. The life of a school bus in the districtaverages 9 years, and each bus travels an average of 30,000miles per year because the district is so large and rural.Which bus is the better choice based on a life-cycleanalysis?
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
A Southern Georgia school district is considering
ordering 53 propane-fueled school buses. “They’re healthier,
they’re cleaner burning, and they’re much quieter than the
diesel option,” said a school administrator. Propane-powered
buses also reduce greenhouse gasses by 22% compared to
gasoline-powered buses and 6% compared to diesel ones. But
they come at a premium—$103,000 for a propane model,
$15,000 more than the diesel equivalent.
The propane bus operating cost (above and beyond fuel
cost) is 30 cents/mile, compared to 40 cents for the diesel.
Diesel fuel costs about $2/gallon in Georgia, about $1 more
than propane. Bus mileage is 12 mpg for the propane model
vs. 10 mpg for diesel. The life of a school bus in the district
averages 9 years, and each bus travels an average of 30,000
miles per year because the district is so large and rural.
Which bus is the better choice based on a life-cycle
analysis?
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