Practice Economics of Equipment Selection - 5.1 | 1. Planning Process of Equipment | Construction Engineering & Management - Vol 1
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5.1 - Economics of Equipment Selection

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is the difference between standard and special equipment?

💡 Hint: Think about availability and usability across projects.

Question 2

Easy

What does productivity in equipment selection refer to?

💡 Hint: Consider output in relation to time.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is the primary goal of equipment selection in construction?

  • To meet legal regulations
  • To maximize productivity and minimize costs
  • To please clients

💡 Hint: Think about the impact on project success.

Question 2

True or False: Special equipment is generally easier to sell post-project than standard equipment.

  • True
  • False

💡 Hint: Consider market demand for machine types.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

A contractor has a budget of $100,000. He can either buy a fleet of standard equipment that will cost him $75,000 and allow for quick delivery on jobs or invest in a specialized machine for $90,000 that will yield higher productivity but takes longer to arrive. Analyze which option is better given that jobs are lined up immediately after purchase.

💡 Hint: Consider project timelines.

Question 2

Given a project with specific high soil volumes that need moving, two machines are available: A scraper with a 6 m³ capacity costing $50/hr and a bulldozer with a 4.5 m³ capacity costing $40/hr. If the site conditions favor the scraper, which should the contractor select if both machines can operate for the same duration?

💡 Hint: Calculate total productivity versus costs.

Challenge and get performance evaluation