MathMaster logo

MathMaster

  1. Home
  2. general
  3. you are the newly appointed transport manager for super trucking pty ltd which operates as a logistics service provider fo
Question

You are the newly appointed transport manager for Super Trucking (Pty) Ltd, which operates as a logistics service provider for various industries throughout southern Africa. One of these vehicles is a 4x2 Rigid Truck and drawbar trailer that covers 48,000 km per year. Use the assumptions below to answer the following questions (show all calculations): Overheads R 176,200 Cost of capital (% of purchase price per annum) 11.25% Annual License Fees—Truck R 16,100 Driver Monthly cost R 18,700 Assistant Monthly cost R 10,500 Purchase price: - Truck R 1,130,000 Depreciation: straight line method Truck residual value 25% Truck economic life (years) 5 Purchase price: Trailer R 370,000 Tyre usage and cost (c/km) 127 Trailer residual value 0% Trailer economic life (years) 10 Annual License Fees—Trailer R 7,700 Fuel consumption (liters/100km) 22 Fuel price (c/liter) 2053 Insurance (% of cost price) 7.5% Maintenance cost (c/km) 105 Distance travelled per year (km) 48000 Truck (tyres) 6 Trailer (tyres) 8 New tyre price (each) R 13,400 Lubricants (% of fuel cost) 2.5% Working weeks 50 Working days 5 days / week Profit margin 25% VAT 15% Q1. Calculate the annual total vehicle costs (TVC)

153

likes
766 views

Answer to a math question You are the newly appointed transport manager for Super Trucking (Pty) Ltd, which operates as a logistics service provider for various industries throughout southern Africa. One of these vehicles is a 4x2 Rigid Truck and drawbar trailer that covers 48,000 km per year. Use the assumptions below to answer the following questions (show all calculations): Overheads R 176,200 Cost of capital (% of purchase price per annum) 11.25% Annual License Fees—Truck R 16,100 Driver Monthly cost R 18,700 Assistant Monthly cost R 10,500 Purchase price: - Truck R 1,130,000 Depreciation: straight line method Truck residual value 25% Truck economic life (years) 5 Purchase price: Trailer R 370,000 Tyre usage and cost (c/km) 127 Trailer residual value 0% Trailer economic life (years) 10 Annual License Fees—Trailer R 7,700 Fuel consumption (liters/100km) 22 Fuel price (c/liter) 2053 Insurance (% of cost price) 7.5% Maintenance cost (c/km) 105 Distance travelled per year (km) 48000 Truck (tyres) 6 Trailer (tyres) 8 New tyre price (each) R 13,400 Lubricants (% of fuel cost) 2.5% Working weeks 50 Working days 5 days / week Profit margin 25% VAT 15% Q1. Calculate the annual total vehicle costs (TVC)

Expert avatar
Neal
4.5
105 Answers
To calculate the annual total vehicle costs (TVC), we need to add up all the costs associated with the truck and trailer. Here are the calculations: Truck costs: Depreciation: The purchase price of the truck is R 1,130,000, and the residual value is 25%. Therefore, the depreciation per year is (1,130,000 * (1 - 0.25)) / 5 = R 678,000. Interest: The cost of capital is 11.25% of the purchase price per annum. Therefore, the interest per year is 0.1125 * 1,130,000 = R 127,125. License fees: The annual license fees for the truck are R 16,100. Driver cost: The monthly driver cost is R 18,700, which translates to an annual cost of 18,700 * 12 = R 224,400. Assistant cost: The monthly assistant cost is R 10,500, which translates to an annual cost of 10,500 * 12 = R 126,000. Tyre cost: The cost of tyres per km is 127 cents. The truck travels 48,000 km per year, and it has 6 tyres. Therefore, the total tyre cost per year is 127 * 48,000 * 6 = R 36,864. Maintenance cost: The maintenance cost per km is 105 cents. The truck travels 48,000 km per year. Therefore, the total maintenance cost per year is 105 * 48,000 = R 5,040. The total cost of the truck per year is: 678,000 + 127,125 + 16,100 + 224,400 + 126,000 + 36,864 + 5,040 = R 1,213,529 Trailer costs: Depreciation: The purchase price of the trailer is R 370,000, and the residual value is 0%. Therefore, the depreciation per year is (370,000 * (1 - 0)) / 10 = R 37,000. License fees: The annual license fees for the trailer are R 7,700. Tyre cost: The cost of tyres per km is 127 cents. The trailer travels 48,000 km per year, and it has 8 tyres. Therefore, the total tyre cost per year is 127 * 48,000 * 8 = R 48,768. Maintenance cost: The maintenance cost per km is 105 cents. The trailer travels 48,000 km per year. Therefore, the total maintenance cost per year is 105 * 48,000 = R 5,040. The total cost of the trailer per year is: 37,000 + 7,700 + 48,768 + 5,040 = R 98,508 Therefore, the annual total vehicle costs (TVC) is: 1,213,529 + 98,508 = R 1,312,037 Hence, the annual total vehicle costs (TVC) is R 1,312,037

Frequently asked questions (FAQs)
Question: What is the median of the set {12, 18, 24, 32, 48}?
+
What is the perimeter of a rectangle with length 10 and width 6?
+
What is the solution to the inequality system: y ≤ 2x + 4 and y > -3x - 1, when graphed on a coordinate plane?
+
New questions in Mathematics
The strength of Kefexin oral suspension is 100 mg/ml. Nora has been prescribed cefalexin at a dose of 50 mg/kg/day divided in two single doses. Nora weighs 14 kg. How many milliliters of solution for Nora should be given as a single dose?
a bank finds that the balances in its savings accounts are normally distributed with a mean of $500 and a standard deviation off of $40. What is the probability that a randomly selected account has a balance of more than $400?
Suppose 56% of politicians are lawyers if a random sample of size 564 is selected, what is the probability that the proportion of politicians who are lawyers will differ from the total politicians proportions buy more than 4% round your answer to four decimal places
To celebrate the five-year anniversary of a consultancy specializing in information technology, the administrator decided to draw 3 different qualification courses among its 10 employees. Considering that the same employee cannot be drawn more than once, the total number of different ways of drawing among employees is:
A National Solidarity Bond offers A 5 year bond offering a gross return of 15% Calculate the AER for this investment. (Give your answer to two decimal places, no need for the percent or € sign in your answer)
Let f(x) = x² − 1. Find the equation of the tangent line to the graph of f at the point x0 = 2.
Reparameterize the curve r(t)= cos(t)i without (t)j (t)k by the arc length.
Suppose the Golf ball market is perfectly competitive and the functions are known: Q = 120 – 2Px – 2Py 0.2I Q = 2Px 40 Where I = Consumers' income ($200) and Py = Price of Good Y (40) Calculate the equilibrium elasticity: a) 1.6 b) -6 c) 6 d) 0.6
2x+4x=
Nice's central library building is considered one of the most original in the world, as it is a mix between a sculpture and a work of habitable architecture. It was called La Tête Carrée and is made up of part of a bust that supports a cube divided into five floors. It is known that the building has a total height of approximately 30 meters. It admits that the cubic part of the sculpture is parallel to the floor and has a volume of 2744 meters3 Calculate, in meters, the height of the bust that supports the cube. Displays all the calculations you made.
using the math and science known about the jefferson river bridge Find a truss in use and develop a load diagram. Use a load of 50 lb on each joint along the bottom of the truss for a truss that actrs as a bridge and along the top joints for a truss that acts as a roof
The market for economics textbooks is represented by the following supply and demand equations: P = 5 + 2Qs P = 20 - Qd Where P is the price in £s and Qs and Qd are the quantities supplied and demanded in thousands. What is the equilibrium price?
A storage maker price is $2.50 per square feet. Find the price of a custom shed 4 yards long, and 5yards wide and 8 feet tall
A recurring sequence is one where elements repeat after completing one standard. If the sequence AB8C14D96AB8C1... is recurring its twentieth term is equal to: (A) B. (B) 8. (C) A. (D) 6. (E) D.
A 20,000 kg school bus is moving at 30 km per hour on a straight road. At that moment, it applies the brakes until it comes to a complete stop after 15 seconds. Calculate the acceleration and the force acting on the body.
Given a circle 𝑘(𝑆; 𝑟 = 4 𝑐𝑚) and a line |𝐴𝐵| = 2 𝑐𝑚. Determine and construct the set of all centers of circles that touch circle 𝑘 and have radius 𝑟 = |𝐴𝐵|
8/9 divided by 10/6
Solve the following 9x - 9 - 6x = 5 + 8x - 9
How much does 7.2 moles of ammonium dichromate weigh? (NH4)2Cr2O7
Marc, Jean and Michelle have traveled a lot. Marc drove twice as much as Jean, but it was Michelle who drove the most with 100km more than Marc. They respected their objective of not exceeding 1350km of distance. How far did John drive?

You might be interested in