Practice Tire Cost Estimation (5.4) - Construction Methods and Equipment Management

Practice: Tire Cost Estimation

Lesson 5.4Construction Methods and Equipment Management

Practise this section

10 questions

Flashcard drill
3 cards from this section. Quick, good the night before a test.
Exercise
6 questions · about 4 min · pass mark 70%. Hints available.
Sign up to start the exercise
Quiz
4 questions · about 3 min · pass mark 70%. Hints available.
Sign up to start the quiz

6 sample questions

Question 1.
What are consumables in operating costs?
Show hintHide hint
Think about items that are consumed while operating machinery.
Question 2.
List one difference between operating costs and ownership costs.
Show hintHide hint
Ownership costs are fixed, whereas operating costs are variable.
3Question 3.
What are the two main categories of equipment costs?
- Operating and ownership
- Rental and purchase
- Maintenance and labor
Show hintHide hint
Consider how costs are incurred.
4Question 4.
Is it true that maintenance costs are part of operating costs?
- True
- False
Show hintHide hint
Think about when these costs are incurred.
Question 5.
Given a set of machinery that has an initial cost of 50000 and an expected maintenance cost at 20% of the initial cost, how much should the operator budget for maintenance in a year?
Show hintHide hint
Calculate a percentage of the initial cost.
Question 6.
You own two similar excavators. One works in high load conditions, the other in light load conditions. Compare how maintenance costs might differ based on load and operation.
Show hintHide hint
Consider the effects of load and job conditions on machinery.

6 more questions in this section. Enroll free to practise them all.