Practice - Recap of Previous Lecture
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Practice Questions
Test your understanding with targeted questions
What costs are included in ownership costs?
💡 Hint: Think about costs unrelated to equipment usage.
What are consumables?
💡 Hint: Consider what gets used up during machine operation.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is ownership cost?
💡 Hint: Think about ongoing costs for an asset.
True or False: Operating costs vary with how equipment is used.
💡 Hint: Recall how usage influences costs.
1 more question available
Challenge Problems
Push your limits with advanced challenges
An excavator costs $100,000 with a 3-year life. Your operating hours each week are 40. Distinguish between operating and ownership costs over its lifespan.
💡 Hint: Refer to templates for worksheets you’ve studied.
Provide a detailed report analyzing how varying job conditions would alter the total operating costs for a fleet of vehicles.
💡 Hint: Consider an example discussed in class to inspire your analysis.
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Reference links
Supplementary resources to enhance your learning experience.