2.2.1 - Fuel Cost
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Practice Questions
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What does FOG stand for?
💡 Hint: Think of consumables used in maintenance.
Name one condition that affects fuel consumption in the Caterpillar method.
💡 Hint: Think about different operational environments.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What does FOG represent in equipment operation?
💡 Hint: Remember the components involved in maintaining equipment.
True or False? The Peurifoy method does not consider the time value of money.
💡 Hint: Think about how cash flow timing affects cost calculations.
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Challenge Problems
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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!
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.
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