Practice Initial Cost Analysis - 1 | 14. Initial Cost Analysis | Construction Engineering & Management - Vol 1
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Initial Cost Analysis

1 - Initial Cost Analysis

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is the formula for calculating the equivalent annual cost?

💡 Hint: Look for the variables related to initial cost, interest rate, and lifespan.

Question 2 Easy

Define salvage value.

💡 Hint: Think about the asset's value after it is no longer needed for its primary use.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does the capital recovery factor allow us to calculate?

Hourly usage costs
Equivalent annual costs
Annual depreciation

💡 Hint: Focus on how costs are converted into yearly formats.

Question 2

True or False: Salvage value is irrelevant in cost analysis.

True
False

💡 Hint: Think about the significance of any potential resale value.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Calculate the total component costs for a machine with an initial cost of ₹ 5,00,000, a salvage value of ₹ 80,000, and an interest rate of 10% over 5 years. What will be the equivalent annual cost?

💡 Hint: Don’t forget to solve each part step-by-step!

Challenge 2 Hard

Critically analyze how operational and ownership costs impact the decision-making process for a project investment. Discuss several factors.

💡 Hint: Consider how different costs affect the long-term investment returns.

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Reference links

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