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ECIV 404 CH 2 Lecture - Equipment Economics by boedywalker is a document available to read on EtoBox.
What is ECIV 404 CH 2 Lecture - Equipment Economics about?
Chapter 2 of ECIV 404 focuses on equipment economics in heavy construction, emphasizing the importance of economic analysis for determining optimal equipment rates and ownership costs. Key concepts include capital, cost of capital, depreciation, salvage value, and the comparison of ownership versus renting or leasing equipment. The chapter also discusses how to calculate ownership and operation costs, providing a framework for evaluating equipment expenses over its economic life.
- Author
- boedywalker
- Language
- EN