4.1 - Advantages of Standard Equipment
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Practice Questions
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What does standard equipment refer to?
💡 Hint: Think about what equipment is widely available.
Name one advantage of using standard equipment.
💡 Hint: How quickly can you get it?
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is a primary benefit of using standard equipment in construction?
💡 Hint: Think about how often you see it around.
True or False: Standard equipment tends to have higher resale value than special equipment.
💡 Hint: What do we know about the market for standard items?
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Challenge Problems
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Evaluate a scenario where a contractor chose to rent special equipment for a one-time project instead of purchasing standard equipment. Discuss the advantages and disadvantages in terms of cost and availability.
💡 Hint: Consider the overall costs over time.
A construction company has to choose between a standard excavator that costs $50,000 and a special excavator tailored for a specific project that costs $80,000. Discuss how they could analyze their decision.
💡 Hint: Think about what's more cost-effective long-term.
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