15.15.1 - Life-Cycle Cost Savings
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Practice Questions
Test your understanding with targeted questions
What does life-cycle cost savings refer to?
💡 Hint: Think about costs associated over time.
Why is predictive maintenance important?
💡 Hint: Consider cost implications of delaying maintenance.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What are life-cycle cost savings primarily concerned with?
💡 Hint: Consider what affects costs over the lifespan of a project.
True or False: Predictive maintenance can lead to higher overall costs in the long run.
💡 Hint: Think about the goal of predictive preventative actions.
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Challenge Problems
Push your limits with advanced challenges
Calculate the estimated savings for a bridge that had a predictive maintenance program, reducing emergency repairs from $500,000 to $100,000 annually, estimating a lifecycle of 30 years.
💡 Hint: Consider the amount saved every year multiplied over the suggested lifespan.
Evaluate how the use of drones might change the maintenance strategy of a large building, focusing on cost reduction strategies and long-term sustainability.
💡 Hint: Think about efficiency in inspections and the resultant investment in technology.
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