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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What does the term 'off-highway truck' refer to?
💡 Hint: Think about where these trucks operate.
Question 2
Easy
What is depreciation?
💡 Hint: Consider how the value of machines changes with usage.
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 an off-highway truck primarily used for?
- Public road transport
- Construction and mining
- Personal vehicle
💡 Hint: Think about where heavy equipment is necessary.
Question 2
True or False: Off-highway trucks can be operated on public roads.
- True
- False
💡 Hint: Consider the name and its implications.
Solve 2 more questions and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
An off-highway truck costs 3 crores, runs 1600 hours/year with a salvage of 0.2 of the price. Calculate total operating and ownership costs if operational cost factors are 3209/hour and operator wages are 200/hour.
💡 Hint: Combine all components and correlate to use hours.
Question 2
Using Peurifoy guidelines, if an off-highway truck’s salvage value is 20% and running life is estimated based on 20000 hours, determine effects on operational budgeting.
💡 Hint: Think of how salvage value changes the overall estimate.
Challenge and get performance evaluation