Search Header Logo

CHapter 8: Whole Life Cycle Cost

Authored by Prescilla Palis

Other

University

CHapter 8: Whole Life Cycle Cost
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

What does WLCC stand for?

Whole Life Cycle Cost

World Life Cycle Cost

Wide Life Cycle Cost

Whole Life Cost Cycle

2.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

Which formula represents WLCC?

Initial Cost + Operation Costs + Maintenance Costs + Replacement/Refurbishment Costs + Disposal Costs – Residual Value

Initial Cost + Operation Costs + Maintenance Costs

Initial Cost + Replacement/Refurbishment Costs + Disposal Costs

Operation Costs + Maintenance Costs + Disposal Costs

3.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

What does the Initial Construction Cost include?

Upfront costs of land acquisition, design, construction, professional fees, and statutory approvals

Design and construction costs

Land acquisition and statutory approvals

Professional fees

4.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

Which of the following is NOT included in Operation Costs?

Land acquisition

Energy

Water

Cleaning

5.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

What do Maintenance and Repair Costs cover?

Planned preventive maintenance and unplanned repairs

Planned preventive maintenance

Unplanned repairs

Neither planned nor unplanned maintenance

6.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

How many key components of cost in use are there?

Four

Five

Six

Seven

7.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

What forms a substantial portion of the cost in use?

Marketing expenses

Operation costs

Insurance premiums

Legal fees

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?