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11. An excavator has a purchase price of $1,200,000, has a rating of 1,900 kW, an estimated life of 10 years an annual operating usage

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11. An excavator has a purchase price of $1,200,000, has a rating of 1,900 kW, an estimated life of 10 years an annual operating usage of 4,000 hours. A return on investment of 10% is required. For the following conditions determine the owning cost, total operating and total cost per operating hour for the excavator. GOOOOO Fuel cost $1.2011, load factor 0.5, fuel consumption of 0.3 l/kW per hour Lubrication @ 25% of fuel cost Wear cost allowance = $ 19.75 per hour Repair factor of 0.25 x 10-4, job factor of 1 Major overhaul every 10,000 hours, at 15% of capital cost Maintenance labour costed on maintenance ratio of 1.25 hours/operating hour, personnel costing $45,000/person year. Single operator required per shift, 3 shifts per day at an operator cost of $98,000 per person year f) 11. An excavator has a purchase price of $1,200,000, has a rating of 1,900 kW, an estimated life of 10 years an annual operating usage of 4,000 hours. A return on investment of 10% is required. For the following conditions determine the owning cost, total operating and total cost per operating hour for the excavator. GOOOOO Fuel cost $1.2011, load factor 0.5, fuel consumption of 0.3 l/kW per hour Lubrication @ 25% of fuel cost Wear cost allowance = $ 19.75 per hour Repair factor of 0.25 x 10-4, job factor of 1 Major overhaul every 10,000 hours, at 15% of capital cost Maintenance labour costed on maintenance ratio of 1.25 hours/operating hour, personnel costing $45,000/person year. Single operator required per shift, 3 shifts per day at an operator cost of $98,000 per person year f)

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