| | | | | | | . | Annual Rental Program Budget | Scenario 1 provides the current financial plan utilizing more expensive, more durable bicycles produced domestically. | | Scenario 2 is provided for comparison purposes, showing less expensive, less durable bicycles produced in China. | | | . | | | | | | | . | | Scenario 1 – Worksman Cycles (USA) | | Scenario 2 – Campus Cruisers (China) | | | . | Factors | Startup Year – 2009 | Ongoing Annual | Startup Year – 2009 | Ongoing Annual | | . | Bicycle-quantity | 60 | 60 | 60 | 60 | | . | Bicycle-lifespan | 4 | 4 | 1 | 1 | | . | Helmet-quantity | 12 | 0 | 12 | 0 | | . | Lock-quantity | 20 | 0 | 20 | 0 | | . | Basket-quantity | 12 | 6 | 12 | 6 | | . | Bicycle-cost | -$329 | $0 | -$160 | -$160 | | . | Bicycle-resale price | $100 | $0 | $75 | $75 | | . | Bicycle-powdercoat | $0 | -$80 | $0 | $0 | | . | Bicycle-maintainance labor (20hrs/week, 38 weeks, $9/hr) | -$6,840 | -$6,840 | -$6,840 | -$6,840 | | . | Bicycle-build labor (1hr/build, $9/hr) | -$9 | $0 | -$9 | -$9 | | . | Bicycle-replacement parts | -$50 | -$50 | -$50 | -$50 | | . | Helmet-Airius V-10 S/M (95614/95618) | -$11 | -$11 | -$11 | -$11 | | . | Lock–Kryptonite Kryptolok (39162) | -$20 | -$20 | -$20 | -$20 | | . | Basket | -$9 | -$9 | -$9 | -$9 | | . | Shipping | -$50 | $0 | -$25 | -$25 | | . | | | | | | |
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| | | | | | | . | Fleet Budget Subtotal | | | | | | . | Bicycles | -$15,240 | -$4,800 | -$6,225 | -$6,225 | | . | Helmets | -$132 | $0 | -$132 | $0 | | . | Locks | -$400 | $0 | -$400 | $0 | | . | Baskets | -$108 | -$54 | -$108 | -$54 | | . | Shipping | -$3,000 | $0 | -$1,500 | -$1,500 | | . | Replacement Parts | -$3,000 | -$3,000 | -$3,000 | -$3,000 | | . | Labor | -$7,380 | -$6,840 | -$7,380 | -$7,380 | | . | Subtotal | -$29,260 | -$14,694 | -$18,745 | -$18,159 | | . | | | | | | | . | Cumulative Totals | | | | | | . | Year 1 Total | | -$29,260 | | -$18,745 | | . | Year 2 Total | | -$43,954 | | -$36,904 | | . | Year 3 Total | | -$58,648 | | -$55,063 | | . | Year 4 Total | | -$73,342 | | -$73,222 | | . | Price per bike after four years: | | -$1,222 | | -$1,220 | | . | Amortized price per bike after four years: | | -$306 | | -$305 | | . | Year 5 Total | | -$102,602 | | -$91,967 | | . | Year 6 Total | | -$117,296 | | -$110,126 | | . | Year 7 Total | | -$131,990 | | -$128,285 | |
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| | | | | | | . | Year 8 Total | | -$146,684 | | -$146,444 | |
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