Kosky, Wise, Balmer, Keat: Exploring Engineering, Fourth Edition
5-23) An automobile manufacturer would like to add a new feature to their standard production
model. The new feature will cost the manufacturer $8.67 per car to produce, and they expect to
sell 100,000 cars per year. If the cars normally sell for $25,990 each, how much do they need to
increase the price to reach a break even point in 18 months?
Need: Minimum price increase for a BEP of 18 months for a feature
costing $8.67 per unit on 100,000 cars/yr each currently selling for
$25,990