5.2. Estimating Maintenance and Repair Cost

Try these first

1. 1.

   Define operating and ownership costs. How are they different?

   Hint

   Think about what happens when equipment is idle.

2. 2.

   What factors influence operating costs for construction equipment?

   Hint

   Consider the scenarios that impact wear and tear.

3. 3.

   What costs are considered part of operating costs?

   • Fuel and labor
   • Depreciation
   • Insurance

   Hint

   Think of what you pay *while* using the equipment.

4. 4.

   True or False: Major repair costs are included in operating costs.

   • True
   • False

   Hint

   Reflect on the definitions of minor vs. major repairs.

5. 5.

   Given a case where an excavator used for trenching has lower fuel consumption than when digging in rocky terrain, calculate the operating cost based on the two scenarios with given use hours.

   Hint

   Consider factors like efficiency and workload.

6. 6.

   Estimate repair costs for two excavators based on their workload: One working continuously in tough conditions and another sporadically in favorable settings. Discuss the potential financial impacts observed.

   Hint

   Analyze life cycle costs in relation to operational demands.