Calculate the hourly owning and operating cost for a 200-hp crawler-type hydraulic excavator bought at $150,000. Assume a salvage value of $25,000. Use Straight-line depreciation method and a 5-yr life. ITS is estimated as 8% of Average Annual Value. Fuel cost is $4.00/gal, and total repair cost for equipment lifetime is estimated as 60% of equipment original price.
Calculate the hourly owning and operating cost for a 200-hp crawler-type hydraulic excavator bought at $150,000. Assume a salvage value of $25,000. Use Straight-line depreciation method and a 5-yr life. ITS is estimated as 8% of Average Annual Value. Fuel cost is $4.00/gal, and total repair cost for equipment lifetime is estimated as 60% of equipment original price.
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
Related questions
Question
Please correct solution
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
Knowledge Booster
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.Recommended textbooks for you
Structural Analysis (10th Edition)
Civil Engineering
ISBN:
9780134610672
Author:
Russell C. Hibbeler
Publisher:
PEARSON
Principles of Foundation Engineering (MindTap Cou…
Civil Engineering
ISBN:
9781337705028
Author:
Braja M. Das, Nagaratnam Sivakugan
Publisher:
Cengage Learning
Structural Analysis (10th Edition)
Civil Engineering
ISBN:
9780134610672
Author:
Russell C. Hibbeler
Publisher:
PEARSON
Principles of Foundation Engineering (MindTap Cou…
Civil Engineering
ISBN:
9781337705028
Author:
Braja M. Das, Nagaratnam Sivakugan
Publisher:
Cengage Learning
Fundamentals of Structural Analysis
Civil Engineering
ISBN:
9780073398006
Author:
Kenneth M. Leet Emeritus, Chia-Ming Uang, Joel Lanning
Publisher:
McGraw-Hill Education
Traffic and Highway Engineering
Civil Engineering
ISBN:
9781305156241
Author:
Garber, Nicholas J.
Publisher:
Cengage Learning