Practice Outline of the Lecture - 3 | 15. Equipment Life and Replacement Analysis (Part-1) | Construction Engineering & Management - Vol 1
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

Define economic useful life.

💡 Hint: Think about what makes operational costs lower.

Question 2

Easy

What do we call the current machine that may be replaced?

💡 Hint: It's the opposite of challenger.

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 economic useful life?

  • Time when costs are minimized
  • Time when maintenance is maximum
  • Time when productivity is halved

💡 Hint: Focus on cost management.

Question 2

True or False: Downtime costs do not affect project profitability.

  • True
  • False

💡 Hint: Consider what happens when machines are out of service.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

A construction company used a bulldozer that costs $10,000 a year in maintenance and operational costs. A new bulldozer costs $20,000 upfront but only $2,000 annually to maintain. Determine the break-even point when to replace the old bulldozer.

💡 Hint: Calculate how much total costs would be over time.

Question 2

Given a piece of construction equipment has been less productive over three years, document how to evaluate whether to keep holding it or replace it. Include factors to analyze.

💡 Hint: Think about cumulative losses vs. new opportunities.

Challenge and get performance evaluation