Practice Repair Cost - 2.2.4 | 12. Equipment cost – Caterpillar and Peurifoy method | Construction Engineering & Management - Vol 1
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Knowledge

2.2.4 - Repair Cost

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What does ownership cost include?

💡 Hint: Think of the ongoing costs you'll incur just from owning the equipment.

Question 2

Easy

How do you calculate hourly fuel cost?

💡 Hint: Remember the formula: Fuel Cost = Consumption × Unit Cost.

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 primary focus of the Caterpillar method?

  • Estimation of total cost
  • Only operating costs
  • Decoration

💡 Hint: Consider what the warm-up talks about when discussing equipment costs.

Question 2

True or false: Tire costs are included in the ownership cost.

  • True
  • False

💡 Hint: Remember where we categorize different costs.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

A construction company has a bulldozer valued at $120,000, with an expected lifespan of 10,000 hours and a salvage value of $15,000. Calculate the hourly depreciation using the Caterpillar method.

💡 Hint: Consider how many hours the machine is expected to run.

Question 2

Determine the total operating cost per hour if the fuel consumption factor is 4 gallons per hour and the unit cost of fuel is $3. Also, factor in additional costs for FOG at 15% of the fuel cost.

💡 Hint: Make sure to break down the problem step by step to avoid confusion.

Challenge and get performance evaluation