Practice Total Operating Cost Calculation - 3.5 | 13. Estimating Equipment Cost Using Two Methods | Construction Engineering & Management - Vol 1
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Total Operating Cost Calculation

3.5 - Total Operating Cost Calculation

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What are the three main components of total operating costs?

💡 Hint: Think about the costs related to owning and using equipment.

Question 2 Easy

How do you calculate annual depreciation?

💡 Hint: Look for the formula involving initial prices.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is included in ownership costs?

Fuel costs
Depreciation
Wages

💡 Hint: Think about costs related to owning, not using the equipment.

Question 2

True or False: The Peurifoy method considers the time value of money.

True
False

💡 Hint: Remember how time and cash flows are related.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

A company purchases a dump truck for 4 crores. Calculate the annual depreciation if the useful life is estimated at 10 years and tire costs are 15 lakhs.

💡 Hint: Consider both initial purchase and tire costs.

Challenge 2 Hard

Using the Peurifoy method, explain how the time value adjustment might alter the estimated costs for a project over 15 years.

💡 Hint: Think about how inflation affects money over time.

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