QLT 1: Task 5

A1.

Ryan has started a new job in downtown Atlanta. He is looking at different options for parking his vehicle during the workweek. He has narrowed it down to two options, a parking garage offering a flat rate of $30 dollars a month and another garage slightly further away which charges 0.15¢ per hour.

A2.

Ryan just recently moved to Atlanta for this new job opportunity. Taking into consideration the financial impact the move has created such as purchasing a new place, new furniture, and all necessary necessities, it will be critical he find the cheapest option for parking.

A3.

The first cost option is parking garage A, which features a monthly unlimited parking pass for $30 dollars a month. The second option is parking garage B, which is slightly further away from his job but charges 0.15¢ a hour.

B1.

To determine the best cost effective parking option we will need to determine which offers the best rates. A standard 8 hour work day will be used to determine how many hours per day to charge. a = Number of days, x = Total price. Parking garage A - (a - a) + 30 = x

Parking garage B - (0.15 x 8) a = x

B2.

Parking Garage A will be charged a flat rate regardless of how many days it is used. Thus having the days cancel out so the flat 30 dollars is consistent across the month is needed to compare the relationship of parking garage B.

Parking Garage B since it is a hourly rate will need to take into account the standard work day of 8 hours then determine how many days per month it will be used.

B3.

To have a fair assessment we will need to use a maximum length of 31 days in a month. This way the hourly parking garage is assessed fairly if overtime or if Ryan is called into work extra throughout the month.

Parking Garage A - (31 - 31) + 30 = x Parking Garage A - (1 - 1) + 30 = x 0 + 30 = x 0 + 30 = x $30 = x