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• Published Subscription 16 Jan 2021

  Cost Objective Model for Construction Equipment Replacement Policies

  By Raji Al-Ani, Annas Al- Saadie

  Abstract: Most construction companies, particularly companies whose projects are primarily constructed with earthmoving equipment, depend heavily on their construction equipment fleets, which represent substantial locked capital investment and require acceptable utilization levels to recover expenses incurred and losses from this investment. The equipment, which possesses a finite physical and economic life, inevitably requires replacement, and equipment maintenance costs increase with the equipment life. Different methodologies are employed to establish the replacement …

  Published in Journal of Construction Engineering, Technology & Management · Vol. 4, Issue 2, 2014 · pp. 1–13 Read article →