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A supplier to a car manufacturer has developed a new type of seat belt that is more comfortable to wear than the seat be
Posted: Wed Mar 09, 2022 8:46 am
by answerhappygod
- A Supplier To A Car Manufacturer Has Developed A New Type Of Seat Belt That Is More Comfortable To Wear Than The Seat Be 1 (90.9 KiB) Viewed 61 times
A supplier to a car manufacturer has developed a new type of seat belt that is more comfortable to wear than the seat belts now in use. Marketing research has determined that car buyers would be willing to pay $200 more for a car equipped with the new belts. This leads to additional revenue of $100 per car to the car manufacturer. A typical car requires five seat belts. Standard seat belts (the only alternative available) sell to the car manufacturer at $15.00 per belt. The labor cost to install the belts is $8.00 per belt. The new seat belts take 50% less time to install than the standard seat belts. What is the EVC (per belt) of the new seat belt to the car manufacturer? (5 points)