Q1. Calculate the expected hourly owning and operating operation of the twin-engine scraper described below: Cost delivered 300,000 JD Tire cost = 24,000 JD Estimated life= 5 years Salvage value = 30,000 JD Depreciation method - sum-of-the-years digits Investment (interest) rate = 10% Hours used per year = 2,000 hr Tax, insurance, and storage rate = 8% Rated power = 465 hp Fuel price=0.40JD/ liter Operator's wages = 6 JD/h Fuel consumption factor = 0.035 liter /h/hp Service cost factor = 33% of hourly fuel cost Equipment Repair cost = 8.4 JD/h Estimated tire life = 3,000 hr

Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
Q1.
Calculate the expected hourly owning and operating cost for the second year of
operation of the twin-engine scraper described below:
Cost delivered 300,000 JD
Tire cost = 24,000 JD
Estimated life= 5 years
Salvage value = 30,000 JD
Depreciation method=sum-of-the-years digits
Investment (interest) rate = 10%
Hours used per year = 2,000 hr
Tax, insurance, and storage rate = 8%
Rated power = 465 hp
Fuel price=0.40JD/ liter
Operator's wages = 6 JD/h
Fuel consumption factor = 0.035 liter /h/hp
Service cost factor = 33% of hourly fuel cost
Equipment Repair cost = 8.4 JD/h
Estimated tire life= 3,000 hr
Transcribed Image Text:Q1. Calculate the expected hourly owning and operating cost for the second year of operation of the twin-engine scraper described below: Cost delivered 300,000 JD Tire cost = 24,000 JD Estimated life= 5 years Salvage value = 30,000 JD Depreciation method=sum-of-the-years digits Investment (interest) rate = 10% Hours used per year = 2,000 hr Tax, insurance, and storage rate = 8% Rated power = 465 hp Fuel price=0.40JD/ liter Operator's wages = 6 JD/h Fuel consumption factor = 0.035 liter /h/hp Service cost factor = 33% of hourly fuel cost Equipment Repair cost = 8.4 JD/h Estimated tire life= 3,000 hr
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Equipment owning and operating costs
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, civil-engineering and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Structural Analysis
Structural Analysis
Civil Engineering
ISBN:
9781337630931
Author:
KASSIMALI, Aslam.
Publisher:
Cengage,
Structural Analysis (10th Edition)
Structural Analysis (10th Edition)
Civil Engineering
ISBN:
9780134610672
Author:
Russell C. Hibbeler
Publisher:
PEARSON
Principles of Foundation Engineering (MindTap Cou…
Principles of Foundation Engineering (MindTap Cou…
Civil Engineering
ISBN:
9781337705028
Author:
Braja M. Das, Nagaratnam Sivakugan
Publisher:
Cengage Learning
Fundamentals of Structural Analysis
Fundamentals of Structural Analysis
Civil Engineering
ISBN:
9780073398006
Author:
Kenneth M. Leet Emeritus, Chia-Ming Uang, Joel Lanning
Publisher:
McGraw-Hill Education
Sustainable Energy
Sustainable Energy
Civil Engineering
ISBN:
9781337551663
Author:
DUNLAP, Richard A.
Publisher:
Cengage,
Traffic and Highway Engineering
Traffic and Highway Engineering
Civil Engineering
ISBN:
9781305156241
Author:
Garber, Nicholas J.
Publisher:
Cengage Learning