Practice Replacement Analysis - 6 | 15. Equipment Life and Replacement Analysis (Part-1) | Construction Engineering & Management - Vol 1
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6 - Replacement Analysis

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What are the phases of equipment life?

💡 Hint: Think about what happens when equipment wears out.

Question 2

Easy

What does defender refer to in equipment analysis?

💡 Hint: It is the machine you might eventually replace.

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 economic useful life denote?

  • The lifespan of the machine
  • When costs are minimized
  • The total time of use

💡 Hint: Think about cost efficiency.

Question 2

True or False: Downtime refers only to repairs needed on equipment.

  • True
  • False

💡 Hint: Consider other factors that lead to inactivity.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

A construction manager must decide whether to keep an excavator that is 12 years old. The running costs have increased by 40% over the last year, and a new model promises a 25% reduction in operating costs. Analyze the replacement decision using economic life principles.

💡 Hint: Consider both the rising costs and the potential savings.

Question 2

You have two options: keep your current mixer that has frequent breakdowns but is not yet dead, or replace it with a state-of-the-art model. Estimate downtime costs over a year and compare against new mixer costs to justify your decision.

💡 Hint: Account for all indirect costs that come with downtime.

Challenge and get performance evaluation