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Test your understanding with targeted questions related to the topic.
Question 1
Easy
What does FOG stand for?
💡 Hint: Think of consumables used in maintenance.
Question 2
Easy
Name one condition that affects fuel consumption in the Caterpillar method.
💡 Hint: Think about different operational environments.
Practice 4 more questions and get performance evaluation
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What does FOG represent in equipment operation?
💡 Hint: Remember the components involved in maintaining equipment.
Question 2
True or False? The Peurifoy method does not consider the time value of money.
💡 Hint: Think about how cash flow timing affects cost calculations.
Solve and get performance evaluation
Push your limits with challenges.
Question 1
A construction company has an excavator with an initial purchase price of $120,000, a salvage value of $15,000, and an estimated life of 10,000 hours. Calculate the hourly depreciation rate.
💡 Hint: Don't forget to subtract the tire cost if it’s included in your price!
Question 2
Given an operating factor of 1.2, a fuel consumption factor of 8 liters/hour, and a unit cost of fuel at $2.00 per liter, calculate the adjusted hourly fuel cost.
💡 Hint: Adjust the consumption factor based on the operating factor before calculating.
Challenge and get performance evaluation