Question

What factors affect the cost of owning and operating construction equipment?

Answer 1

At best the estimate is only a close approximation of the cost. Kept records for equipment previously used should give information which may be used as a guide for the particular equipment it was used under the same conditions. Factors that affect the cost of owning and operating construction equipment include:

Answer 2

Explanation:

Inaccurate estimation of construction equipment cost may adversely affect the profit margin of ... The details about equipment ownership cost and operating cost are presented below.

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