Final answer:
When considering the operating cost of a truck, include direct costs like fuel and maintenance, and indirect costs such as insurance, taxes, and depreciation. On-time performance and market conditions also play a vital role in determining profitability through the impact on marginal revenue and market price.
Step-by-step explanation:
When considering the operating cost of a truck, there are several factors you'll need to include. These can range from direct costs such as fuel and maintenance to indirect costs like insurance and depreciation. It is also important to consider costs associated with on-time performance and the impact of market conditions such as the market price and marginal revenue that determine profitability.
Directly, the operating cost will include things like the fuel consumption, which can be affected by the truck's efficiency and the distance covered. Maintenance and repair costs must also be considered, as they can significantly impact the total operating costs.