Types of vehicles

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A local Chevrolet dealership carries the following types of vehicles:

Inventory Items

Quantity

Cost per Unit

Market (replacement cost per Unit)

Vans

3

$21,700

$19,300

Tracks

8

16,300

16,000

2-door sedans

8

12,400

13,700

4-door sedans

3

16,900

18,300

Sports cars

5

32,600

34,200

SUVs

8

28,100

22,200

Because of recent increases in gasoline prices, the car dealership has noticed a reduced demand for its SUVs, Vans, and trucks.

Reference no: EM13978860

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