Ace Truck Leases Its 10-Ft Box Truck at $35/day and $0.45/mi

question 54

Essay

Ace Truck leases its 10-ft box truck at $35/day and $0.45/mi, whereas Acme Truck leases a similar truck at $30/day and $0.50/mi. Find the daily cost of leasing from each company as a function of x number of miles driven.

---

Definitions:

Resource Inputs

The materials, capital, energy, information, and human skills required to produce goods or services.

Measures For Efficiency

Metrics or standards used to evaluate how effectively and economically tasks or processes are performed.

Time

A continuous dimension in which events occur in an irreversible succession from the past, through the present, into the future, fundamental to all aspects of life and work.

Quality

The degree to which something meets or exceeds established standards.