What is the maximum acceptable price

Reference no: EM13188353

A car rental agency is considering a modification in its oil change procedure. currently, it uses a type X filter, which cost $5and must be changed every 7,000 miles along with oil (5 quarts.) Between each oil change , one quart of oil must be added after each 1,000 miles. The proposed filter (typeY) has to be replaced every 5,000 miles (along with 5quarts of oil) but does not require any additional oil between filter changes. If the oil costs $1.08 per quart, what is the maximum acceptable price for the Type Y filter?

Reference no: EM13188353

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