Economic Service Life of Building Construction Equipment
Publication: Journal of Construction Engineering and Management
Volume 109, Issue 4
Abstract
Mathematical models are available for determination of the economic service life of earthmoving and transportation equipment. Regular equipment for buildng construction, such as tower cranes, hoists, concrete production plants, stationary concrete pumps, etc., differ from the former in several regards, mainly in that they are operating in conjunction with labor crews and their production rate is dictated by that of the latter. These differences, and the consequent modeling modifications called for, are discussed. The analysis emphasizes the general aspects of the findings and of certain elements of the proposed model.
Get full access to this article
View all available purchase options and get full access to this article.
References
1.
Douglas, J., Construction Equipment Policy, McGraw‐Hill Book Co., Inc., New York, N.Y., 1975.
2.
Douglas, J., “Obsolescence as a Factor in the Depreciation of Construction Equipment,” Technical Report No. 22, The Construction Institute, Stanford University, Stanford, Calif., May, 1963.
3.
Douglas, J., “Optimum Life of Equipment for Maximum Profit,” Journal of the Construction Division, ASCE, Vol. 94, No. CO1, Proc. Paper 5745, Jan., 1968, pp. 41–54.
4.
Hinze, J., and Ashton, W. B., “Current Equipment Policies of Utility Contractors,” Journal of the Construction Division, ASCE, Vol. 105, No. CO3, Proc. Paper 14816, Sept., 1979, pp. 225–237.
5.
Peer, S., and Selinger, S., Analysis of Transportation Methods on the Building Site, Building Research Station, Technion, Haifa, Israel, 1968.
6.
Peer, S., and Selinger, S., Selection of Equipment for Vertical Transportation, Building Research Station, Technion, Haifa, Israel, 1968.
7.
Peer, S., and Selinger, S., Selection of Equipment for Production and Transportation of Concrete, Building Research Station, Technion, Haifa, Israel, 1969.
8.
Schexnayder, C. J., Jr., and Hancher, D. E., “Inflation and Equipment Replacement Economics,” Journal of the Construction Division, ASCE, Vol. 108, No. CO2, Proc. Paper 17131, June, 1982, pp. 289–298.
9.
Schexnayder, C. J., Jr., and Hancher, D. E., “Contractor Equipment—Management Practices,” Journal of the Construction Division, ASCE, Vol. 107, No. CO4, Proc. Paper 16694, Dec., 1981, pp. 619–626.
10.
Schexnayder, C. J., Jr., and Hancher, D. E., “Interest Factors in Equipment Economics,” Journal of the Construction Division, ASCE, Vol. 107, No. CO4, Proc. Paper 16695, Dec., 1981, pp. 575–583.
11.
Schrader, C. R., “Optimum Replacement Life of Large Scrapers,” Journal of the Construction Division, ASCE, Vol. 97, No. CO1, Proc. Paper 8000, Mar., 1971, pp. 37–52.
12.
Sears, G. A., and Clough, R. A., “Equipment Procurement and Rate of Return,” Journal of the Construction Division, ASCE, Vol. 107, No. CO4, Proc. Paper 16713, Dec., 1981, pp. 695–704.
13.
Selinger, S., Economic Service Life and Maintenance Costs of Building Construction Equipment in Israel, Building Research Station, Technion, Haifa, Israel, 1981.
14.
Thuesen, H. G., and Fabrycky, W. J., “Interest and Interest Formulas,” Engineering Economy, 3rd. ed., Prentice‐Hall, Inc., Englewood Cliffs, N.J., 1964, pp. 75–79.
Information & Authors
Information
Published In
Copyright
Copyright © 1983 ASCE.
History
Published online: Dec 1, 1983
Published in print: Dec 1983
Authors
Metrics & Citations
Metrics
Citations
Download citation
If you have the appropriate software installed, you can download article citation data to the citation manager of your choice. Simply select your manager software from the list below and click Download.