Practice Fuel Cost - 2.2.1 | 12. Equipment cost – Caterpillar and Peurifoy method | Construction Engineering & Management - Vol 1
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Practice Questions

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

Interactive Quizzes

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

Question 1

What does FOG represent in equipment operation?

  • Filters
  • Oil
  • and Grease
  • Fuel
  • Oil
  • and Grease
  • Fluid
  • Oil
  • and Grease

💡 Hint: Remember the components involved in maintaining equipment.

Question 2

True or False? The Peurifoy method does not consider the time value of money.

  • True
  • False

💡 Hint: Think about how cash flow timing affects cost calculations.

Solve and get performance evaluation

Challenge Problems

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