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

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is the downtime cost per hour if the equipment costs 900 rupees?

💡 Hint: Calculate 3% of 900.

Question 2

Easy

How much is the yearly downtime cost if the machine operates for 2000 hours?

💡 Hint: Multiply the hourly cost by the annual hours operated.

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 percentage of downtime costs is applied to the hourly equipment cost?

  • 3%
  • 5%
  • 10%

💡 Hint: Reflect on how the downtime percentage is stated in the section.

Question 2

Is the downtime cost in the second year always higher than the first?

  • True
  • False

💡 Hint: Think about how the downtime percentage is increasing in successive calculations.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

If your equipment has an obsolescence factor that increases yearly and costs 900 rupees per hour with increased maintenance fees leading to a total cumulative cost of 300,000 rupees over three years, how would you analyze the need for equipment replacement?

💡 Hint: Consider long-term patterns in cost versus productivity and how those factors indicate the efficiencies of newer models.

Question 2

Given the equipment cost increases by 10% after each year and the downtime increases alongside productivity demands, how does this shape your operational management strategy?

💡 Hint: Think about balancing costs and production requirements in making machinery decisions.

Challenge and get performance evaluation