You have just graduated from college and are looking to buy your first car. Money is tight right now, so you are concerned with initial cost as well as ongoing expenses. At the same time, you don’t want to drive a slow, ugly car like your parents do. You have narrowed your choices down to two vehicles: a Honda Enigma and a Porsche Booster. Based on the rankings in the table (found under Chapter 2, Problem 1 in the textbook), calculate the value index for each car. Which car provides you with the greatest value? Use formulas to calculate the answer to one decimal point. Respond to at least two of your classmates’ postings. can you think of (and share) ways you might use a value index in either a professional or personal situation? Importance to you Honda Porsche BOOSTR o Fuel economy 3 5 2 Reliability 5 5 2 Speed and 4 2 5 handling Aesthetics 4 2 5 After-sales 2 4 4 support Purchase price 4 4 1
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