EQUIPMENT COST APPLICATION.
EQUIPMENT COST APPLICATION . HEAVY EQUIPMENT INVESTMENT NEED SOME AMOUNT OF FUND, THEREFORE IT HAS TO BE CALCULATED PROPERLY WITH ALL THE FACTORS ARE PUT INTO CONSIDERATION AS FOLLOWS ; 1. OWNERSHIP COST : THE PRICE OF EQUIPMENT, BANK, ADMINISTRATION, ASSURANCE, TAX. 2. OPERATION COST : REPAIR, MAINTENANCE, GASOLINE, OIL, TIRE, OPERATOR WAGE. THE ASSUMPTION WHICH IS USED IN CALCULATING DEPRECIATION COST IS A STRAIGHT LINE METHOD AND THE OPERATING HOUR IN A YEAR IS 2000 HOURS. THE REST OF THE FACTORS ARE CUSTOMIZED BY USERS. Running on Windows, Android