Practice Conversion of Initial Cost to EAC - 3.2 | 21. Introduction to Defender and Challenger Equipment | Construction Engineering & Management - Vol 1
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Conversion of Initial Cost to EAC

3.2 - Conversion of Initial Cost to EAC

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is the initial cost of the defender?

💡 Hint: Refer to the current market value mentioned.

Question 2 Easy

Identify the annual operating cost for the challenger.

💡 Hint: It is the lower operating cost compared to the defender.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does EAC stand for?

Effective Annual Cost
Equivalent Annual Cost
End Annual Cost

💡 Hint: Think about the acronym; what makes sense in terms of annual costs?

Question 2

Is it necessary to consider sunk costs when evaluating equipment replacement?

True
False

💡 Hint: Consider if historical expenses influence current financial decisions.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Given a machine with a higher salvage value but increased operating costs, analyze if a company should keep the original or replace it. Justify your decision using EAC.

💡 Hint: Compare the EACs - the lower one should guide your decision.

Challenge 2 Hard

If a new piece of equipment saves ₹50,000 in annual operating costs, but costs ₹1,00,000 more upfront than the existing asset, calculate the impact on EAC over 5 years.

💡 Hint: Factor in both upfront and recurring costs to justify the decision.

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