1.2 - Introduction to the Off Highway Truck
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Practice Questions
Test your understanding with targeted questions
What does the term 'off-highway truck' refer to?
💡 Hint: Think about where these trucks operate.
What is depreciation?
💡 Hint: Consider how the value of machines changes with usage.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is an off-highway truck primarily used for?
💡 Hint: Think about where heavy equipment is necessary.
True or False: Off-highway trucks can be operated on public roads.
💡 Hint: Consider the name and its implications.
2 more questions available
Challenge Problems
Push your limits with advanced challenges
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.
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.
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Reference links
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