You must show your calculations. A contractor is considering buying a new mobile crane for their construction project. The crane costs 2,100,000 TL, where the cost includes the cost of tires (10.120.1221). a. Calculate the hourly fixed cost of owning/buying a mobile crane by using the procedure followed by Turkish Ministry of Environment and Urbanism and assuming 8 years of useful service life and 2,000 hours of work per year, and an interest rate of 8%. b. Calculate the hourly fixed cost of owning/buying a crane by using the procedure followed by Turkish Ministry of Environment and Urbanism and assuming 8 years of useful service life and 2,000 hours of work per year, but by considering the cost of tires separately. Assume there are 8 tires and a set of tires costs 56,000 TL and can be used for 2 years. Take maintenance cost as 15% and transportation cost as 5% of depreciation of tire. c. Calculate the hourly operating cost of owning the loader if the machinery requires 1.20 hrs of operator time and diesel fuel. Also calculate total cost. d. The contractor wants to carry out a more detailed analysis for total cost with estimated use conditions and variables as follows: 2,800 hours of work in a year; 20% for interest rate i; 10.20 TL/kg for diesel fuel; and consider tires cost separately. If you were in the business of renting out construction machinery, how much would you charge on a daily basis if you only provided the machinery and not the operating costs, as well as if you rented the equipment together with labor and fuel costs (lump sum cost to the renter). e. Following data will be needed in your calculations (19.100.1104): Engine Power = 240 HP Diesel Fuel = 6.54 TL/kg Operator Salary = 26.40 TL/hour Diesel Fuel Consumption = 0.0855 kg/HP FIXED COST TABLE (HOURLY RATE) Tires At/N1.t Depreciation Spare Parts Maintenance and Repair Investment Cost Transportation, Assembly, Disassembly Machinery A/N1 0.53* A/N1 0.13* A/N1 i* (N+1)*A/2N1 0.02 * An 0.15 * At/N1,1 i*(Nt+1) *At/2N1,t 0.05 (At / N1,t) You must show your calculations. A contractor is considering buying a new mobile crane for their construction project. The crane costs 2,100,000 TL, where the cost includes the cost of tires (10.120.1221). a. Calculate the hourly fixed cost of owning/buying a mobile crane by using the procedure followed by Turkish Ministry of Environment and Urbanism and assuming 8 years of useful service life and 2,000 hours of work per year, and an interest rate of 8%. b. Calculate the hourly fixed cost of owning/buying a crane by using the procedure followed by Turkish Ministry of Environment and Urbanism and assuming 8 years of useful service life and 2,000 hours of work per year, but by considering the cost of tires separately. Assume there are 8 tires and a set of tires costs 56,000 TL and can be used for 2 years. Take maintenance cost as 15% and transportation cost as 5% of depreciation of tire. c. Calculate the hourly operating cost of owning the loader if the machinery requires 1.20 hrs of operator time and diesel fuel. Also calculate total cost. d. The contractor wants to carry out a more detailed analysis for total cost with estimated use conditions and variables as follows: 2,800 hours of work in a year; 20% for interest rate i; 10.20 TL/kg for diesel fuel; and consider tires cost separately. If you were in the business of renting out construction machinery, how much would you charge on a daily basis if you only provided the machinery and not the operating costs, as well as if you rented the equipment together with labor and fuel costs (lump sum cost to the renter). e. Following data will be needed in your calculations (19.100.1104): Engine Power = 240 HP Diesel Fuel = 6.54 TL/kg Operator Salary = 26.40 TL/hour Diesel Fuel Consumption = 0.0855 kg/HP FIXED COST TABLE (HOURLY RATE) Tires At/N1.t Depreciation Spare Parts Maintenance and Repair Investment Cost Transportation, Assembly, Disassembly Machinery A/N1 0.53* A/N1 0.13* A/N1 i* (N+1)*A/2N1 0.02 * An 0.15 * At/N1,1 i*(Nt+1) *At/2N1,t 0.05 (At / N1,t)
