Practice Construction Methods And Equipment Management (1) - Equipment cost – Caterpillar and Peurifoy method

Practice: Construction Methods and Equipment Management

Lesson 1Equipment cost – Caterpillar and Peurifoy method

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9 questions

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4 cards from this section. Quick, good the night before a test.
Exercise
6 questions · about 4 min · pass mark 70%. Hints available.
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Quiz
3 questions · about 2 min · pass mark 70%. Hints available.
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6 sample questions

Question 1.
What components are included in ownership costs?
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Think about what expenses arise from owning equipment.
Question 2.
Explain the straight-line method of depreciation.
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Consider the formula for depreciation calculation.
3Question 3.
Which of the following is included in ownership costs?
- Fuel costs
- Depreciation
- Operator wages
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Focus on costs associated with owning rather than operating.
4Question 4.
The Peurifoy method utilizes which of the following techniques?
- True
- False
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Consider what makes Peurifoy’s method different.
Question 5.
A construction company plans to purchase a new excavator for $95000, with an expected salvage value of $15,000 and a life expectancy of 8,000 hours. Calculate its hourly depreciation using the Caterpillar method.
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Identify the initial cost and salvage value correctly.
Question 6.
In a project requiring heavy machinery, estimate the operating cost for a bulldozer. If the unit cost of fuel is $3 per gallon, the engine horsepower is 400, and the consumption factor for the working condition of the bulldozer is 0.6, determine the hourly fuel cost.
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Ensure to multiply fuel consumption by both horsepower and unit cost accurately.

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