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3 cards from this section. Quick, good the night before a test.
What does FOG stand for?
Think of consumables used in maintenance.
Name one condition that affects fuel consumption in the Caterpillar method.
Think about different operational environments.
What does FOG represent in equipment operation?
Remember the components involved in maintaining equipment.
True or False? The Peurifoy method does not consider the time value of money.
Think about how cash flow timing affects cost calculations.
A construction company has an excavator with an initial purchase price of $120,000, a salvage value of $15,000, and an estimated life of 10,000 hours. Calculate the hourly depreciation rate.
Don't forget to subtract the tire cost if it’s included in your price!
Given an operating factor of 1.2, a fuel consumption factor of 8 liters/hour, and a unit cost of fuel at $2.00 per liter, calculate the adjusted hourly fuel cost.
Adjust the consumption factor based on the operating factor before calculating.
4 more questions in this section. Enroll free to practise them all.
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