Practice - Summary and Conclusion
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Practice Questions
Test your understanding with targeted questions
What are the two main types of costs associated with construction equipment?
💡 Hint: Think about the costs involved in buying vs. using equipment.
What does economic life refer to in equipment management?
💡 Hint: Consider profitability and cost perspective.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is the primary purpose of equipment management in construction?
💡 Hint: Think about the role of proper machinery in project success.
True or False: Not all machines have an economic life that maximizes profit.
💡 Hint: Consider the relationship between costs and machine usage.
1 more question available
Challenge Problems
Push your limits with advanced challenges
A construction project requires a bulldozer with a productivity requirement of 100 tons per hour. If the selected bulldozer achieves only 90 tons per hour, calculate the potential cost impact over a 100-hour project.
💡 Hint: Consider how productivity directly affects project timelines and costs.
Estimate the ownership cost of a new crane costing $200,000 with a useful life of 10 years using straight-line depreciation. Discuss potential factors influencing your estimates.
💡 Hint: Think about ongoing costs beyond just initial purchase price.
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Reference links
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