Professional Courses
Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.
Categories
Interactive Games
Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
Typing
Memory
Math
English Adventures
Knowledge
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is the definition of Economic Useful Life?
💡 Hint: Think about the importance of cost in keeping a machine.
Question 2
Easy
What do we call the existing equipment in our project?
💡 Hint: It is the term for the old machine being used.
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 defender in equipment management?
- New equipment
- Current equipment
- Used equipment
💡 Hint: Remember the term we used for existing machines.
Question 2
True or False: Obsolescence costs can impact replacement decisions.
- True
- False
💡 Hint: Consider what happens in the market with older machines.
Solve and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
A company has an excavator with an initial cost of $100,000. It incurs maintenance costs yearly of $10,000, and the projected resale value after 5 years is $30,000. Calculate the total cost of ownership for 5 years.
💡 Hint: Add maintenance costs over the 5 years and subtract resale.
Question 2
Evaluate the rationale for replacing a concrete mixer that is constantly breaking down, incurring $3,000 in repairs a month. Should it be replaced if a new mixer costs $30,000?
💡 Hint: Compare annual repair costs with the purchasing cost of new equipment.
Challenge and get performance evaluation