Practice Equivalent Annual Cost Calculation for Challenger - 5 | 21. Introduction to Defender and Challenger Equipment | Construction Engineering & Management - Vol 1
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Equivalent Annual Cost Calculation for Challenger

5 - Equivalent Annual Cost Calculation for Challenger

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

Calculate the annual operating cost for the defender if the annual maintenance is 1,35,000.

💡 Hint: What is the given operating cost?

Question 2 Easy

What does salvage value represent?

💡 Hint: Think about the end of an asset's life.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is the primary focus of the equivalent annual cost method?

To maximize salvage value
To find annual costs to compare equipment
To minimize initial costs

💡 Hint: Think about why we calculate annual costs.

Question 2

True or False: Sunk costs should influence current decision-making.

True
False

💡 Hint: Consider the definition of sunk costs.

2 more questions available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Assume the defender has an updated annual operating cost of 1,50,000 and a salvage value of 5,00,000. Recalculate the EAC and determine if it should still be replaced by the challenger.

💡 Hint: Use the formula and adjust for new operating costs.

Challenge 2 Hard

If the interest rate changes to 12% and the initial cost of the challenger is 30,00,000, how would this affect the EAC? Recalculate.

💡 Hint: Apply the new interest rate to find the new USCRF.

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