Practice Cumulative Downtime Cost - 1.3 | 17. Downtime Cost Calculation | Construction Engineering & Management - Vol 1
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Knowledge

1.3 - Cumulative Downtime Cost

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

Calculate the downtime cost per hour for an equipment cost of 900 rupees.

💡 Hint: Use the formula Downtime Cost = (Percentage × Equipment Cost) / 100.

Question 2

Easy

How much is the yearly downtime cost for operating 2000 hours at a downtime cost of 27 rupees?

💡 Hint: Multiply the downtime cost per hour by the number of operational hours.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is the initial downtime cost per hour for equipment costing 900 rupees?

  • 27 rupees
  • 30 rupees
  • 54 rupees

💡 Hint: Recall the formula for downtime cost.

Question 2

True or False: A higher obsolescence cost means increased efficiency of old equipment.

  • True
  • False

💡 Hint: Consider how efficiency impacts costs.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

A piece of machinery has an equipment cost of 800 rupees. If the downtime percentage is projected to rise to 8% after 3 years, calculate the estimated downtime cost per hour and year at that rate. How will it change the cumulative costs?

💡 Hint: Use the same calculation strategies as before.

Question 2

Using the data provided for the last three years, construct a table that summarizes the cumulative downtime cost for each year and potential implications for future financial planning.

💡 Hint: This task focuses on summarizing previous calculations into a more visual format.

Challenge and get performance evaluation