mechanical equipment (final )
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Mechanical Equipment have wide range of applications, in relation to
the nature & volume of the work & the continual technological advancement
through innovation which makes the number of equipment & models
numerous. But for our purpose of evaluation we will base on classification
related to the shared common feature among equipment & likeness of the
type of work they perform.
Considering makers' (Manufacturer's) manual, service year reliable
sales invoice, custom duty & physical assessment, comparing these with the
specification provided, if one or two of the above documents are not
available due to different reasons then comparison will be made with
similar model of replacement & repair cost, which leads to the original cost.
Deprecation cost analysis is vital which governs the existing situation of the
equipment in question.
At large the start up manual is based on the above frameworks. To
organize the estimation manual we have communicated with equipment
importer & salers like(VOLVO, CAT,HAGBES) & from governmentaloffices and associations ERA (Ethiopian Road Authority) BMEI (Basic
Metals Engineering Industries) & society of Mechanical Engineers.
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For estimating equipment the methodology lies on the break down of
parts & considering the major unit from the integrated system & allocating
values worth to the unit which actually taken from the original price in
proportion.
Giving back grade factor to the individual parts with in the unit &
summing up to 100% & multiplying percentage factor by the allotted unit
price, we will get the estimated value of the unit, which intern will be added
to make up the whole equipment estimated price.
Major classification of equipment is divided into three groups
1. Machineries
2. Auto mobiles
3. Earth moving equipment
The sub group & their cost summary analysis methodology is
generally sub divided into four parts
1. General data collection
2. Physical Assessment
3. Technical Specification
4. Estimation
The detail will be expressed on the chapters that will follow.N.B. The more important aspect of the estimation manual is, it could
be modified to the situation where updating is necessary and it
would also be revised timely, broadened: to meet the required
specification.
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General Description & Basic Parameters
Mechanical Equipment have wide range of applications; but,
depending upon their particular & specific use we further classified them inthe following manner, in order to meet our purpose.
1. Machineries
2. Auto Mobiles
3. Earth moving equipment.
1.1 Machineries further be classified as
- Production
- Workshop- for repairing & fabrication
- Power plant
2.1 Auto mobiles - Transporting
Loading
- Trucks
- Cranes
- Forklifts.
3.1 Earth moving Equipment
- Loaders
- Excavators
- Graderes
More or less the equipment/macheneries listed above can represent
most of the mechanical parts. To evaluate those equipment we have set a
certain parameter relevant to the working capacity & nature of the work.Based on the classification to meet our evaluation purpose basic parameters
are indicated on each category bellow.
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1. Production Machineries
1. Machine Speed/ Second.
2. Rate of Product /hour - per day.
3. Rated power - In KW
4. Other Utilities - Water
- Gas -High & low pressure.
The following datas that be directly taken from the name plate or machinery
documents:
1. Year of manufacturing
2. Maker's Name & address.
3. Type / Model
4. Detail Parts & Systems.
The following physical condition be seen & taken into account for
evaluation:-
1. Frames / Supports.
2. Covers
3. Drive System
4. Automatic /full, semi, or manual
5. Size - L x W x H
6. Weight
7. Surface finish
The following internal Conditions be taken into consideration during
evaluation
- Drive System
- Pneumatic System
- Hydraulic System
- Lubrication System
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For further analyses the factor stated above will be adapted in the form of
charts.
Before going to the detail inspection of parts for evaluation the under listedfactors will mainly be taken into account.
- Industry background & current condition
- Market share.
Cost Summary
Based on the manufacturer's (Supplier's) document & reliable sales invoices.
- Depreciation Cost
- External Market Condition
- Technological Obsolesce
Cost summary shall be done by identifying the major machine elements(parts) & given to them more percentage share so as to draw the aggregate
value by analogy.
For example in costing an automobile the engine may have the largest sharein comparison to the other parts and is given the lion share. Hence, a cost
summary as depicted below is allocated for the different parts of an
automobile.
- Engine 30 - 40 %
- Transmission 15 - 20 %
- Chassis 20 - 25 %
- Others 10 - 15 %
In a similar manner machineries could also be evaluated depending on thetype of work they perform & the product they handle.
- Drive systems & type
- Working surface & parts
- Frames & supports
- Others.
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The listed major units stated above are arranged in the form of table in
detail.
Description of Machinery
Physical Condition
Technical data Cost summary in relation to parts
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Guide Line For Mechanical Equipment To Be Held As A Collateral
Documents that should be brought to the creditor branch by the
customer should fulfill the following precondition.
1. Ownership booklet/certificate for the equipment, machinery,
vehicle as registered and also referring the specifications for
the supplier company or manufacturer.
2. Work permit on the particular equipment, machinery and other
from an- authorized Trade & Industry or Investment Bureau.
3. Custom declaration document signed & sealed by the
respective office authority & it should be identical with
equipment specification.
4. CIF document should be attached (invoice of insurance &
freight). (As applicable)
5. Maker (Manufacturer) Name , Address, Year of Manufacturing,
local agent be specified.
6. Insurance agreement should be attached to the document.
7. Supportive documents assembly drawings showing the internal
& external features of the equipment are necessary for
evaluation and should be presented. (as applicable).
8. If the firm is a factory & new project or expansion theninstallation or layout drawing, project approval from the
concerned or investment office is mandatory.
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Information to be attached for Estimation of Mechanical
Equipment
1. Ownership Certificate
2. Seller Company Address
Invoice
Year of Manufacturing
3. Work permit on the particular Machine/ Industry.
4. Land holding Certificate ( Where the Machinery is installed)
5. If Rented
Private Government
6. Other related Factors
________________________________________________________
________________________________________________________
________________________________________________________
________________________________________________________
________________________________________________________
________________________________________________________
________________________________________________________
N
O
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FACTORS CONSIDERED DURING EVALUATION
P Due to a number of reasons Equipment, machinery and vehicles
affected their working condition, capacity & lifetime. Amongthese are:
- Road condition
- Climate or weathering
- Lack of personal skill
- Working condition
The above points cause failure to the equipment, machinery & vehicle
before the designed lifetime in operation.
Therefore, to be safe during valuation for collateral theequipment machinery or vehicle service year should be
considered starting from the date of manufacturing/starting
operation as applicable as follows:
- For house hold purpose & office use vehicles 7 years.- Station Wagon, pickup (Single & Double Cabin) Minibuses
8 - 10 Years- Trucks & Forklifts -12 - 15 Years
- Machineries -15 Years for factories having small market share
& capacity
- 20 Years for factories having large market share
& capacity- Earth moving equipment - 15 years
The following rates are applied during valuation. Market condition of manufacturer (Mm) Table -1
Equipment /Vehicle or machinery condition (Ec) Table -2
Depreciation rate for machinery (Dr) Table -3
Depreciation rate of Vehicle(Dr) Table -4
Model preference rate for vehicle Table -5
General Formula
Tc= RC X DR X Mm X EcTC= Total Equipment /Machinery or Vehicle cost (Estimated)
RC= Replacement CostDR= Depreciation RateMm= Maker Market Share
EC= Equipment, Machinery or vehicle Condition
Reference: - For age base depreciation value it is adapted from thedisposal manual dated March 17, 1997 prepared by
Federal Democratic Republic Of Ethiopia Office Of The
Prime Minister.
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Table 1
Market Condition of Manufacturer (Maker)(Mm)
Maker Country/Factory Rate
1. West Europe 1.0
2. America 1.0
3. Japan 1.0
4. Russia 0.8
5. Eastern Europe 0.8
6. Others 0.8
Table 2
Equipment Machinery or Vehicle Condition (EC)
No Prevailing
Condition
Allocated Points
Range
Remark
1 The equipment is functional(operational) but needs servicing
0.7 - 0.9 Servicing Cleaning
lubricating & setting
2 Equipment is not operational duringsurvey but, major components &systems are available it requires
medium repair
0.5 - 0.7
Medium repairs servicing
+ parts replacing (fastwearing & spaces)
3 Units & minor replaceable parts are notavailable in the equipment body dating
survey.
0.3 - 0.49
Units are machine parts
less valuable than the
major components likedrive system (engine)
4 Major Components & parts are notavailable on the equipment & it needstotal replacement or overhaul
maintenance. (for the missing part(s)
inquisition)
0.1 - 0.29
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Table 3
Depreciation Rate for Machinery (Dr)No Service Year Rate Remark
1 1 year 1 If preventive maintenance is applied
properly.
2 2 years 0.98 ''
3 3 years 0.96 Ditto
4 4 years 0.94 ''
5 5 years 0.90
6 6 years 0.86
7 7 years 0.82
8 8 years 0.77
9 9 years 0.72
10 10 years 0.67
11 11 years 0.62
12 12 years 0.57
13 13 years 0.51
14 14 years 0.45
15 15 years 0.39
16 16 years 0.33
17 17 years 0.33
18 18 years 0.27
19 19 years 0.21
20 20 years 0.13
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Table 4
Vehicle
Depreciation Value for any vehicle
No Age in terms of years Depreciation rate Remark
1 1 year .9
2 2 years .8
3 3 years .7
4 4 years .633
5 5 years .567
6 6 years .500
7 7 years .475
8 8 years .45
9 9 years .425
10 10 years .400
11 11 years .380
12 12 years .360
13 13 years .340
14 14 years .320
15 15 years .300
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Table 5
Model preference rate for Vehicle
Automobiles, Station Wagon, Miniguses, Pick-ups
1.1 Mercedes 1.25
1.2 Toyota 1.15
1.3 Nissan 1.05 for Automobile 0.95
1.4 Isuzu 0.95
1.5 Mitsubishi 0.95
1.6 Mazda 0.95
1.7 Honda 0.95
1.8 Suzuki 0.95
1.9 Peugeot 0.95
1.10 Renault 0.951.11 Volkswagen 0.95
1.12 Audi 0.95
1.13 BMW 0.95
1.14 Opel 0.95
1.15 Fiat 0.95
1.16 Land Rover 0.95
1.17 Ford 0.8
1.18 Lada 0.8
1.19 Niva 0.8
Loading Truck (Auto Bus)
2.1 Mercedes 1.20
2.2 Fiat Iveco 1.20
2.3 Volvo 1.10
2.4 Scaniya 1.10
2.5 DAF 1.10
2.6 Nissan 1.10
2.7 Isuzu 1.00
2.8 Mitsubishi 0.95
2.9` Kamaz 0.8
2.10 Hino 0.95
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A Model Which illustrate the method of Equipment Estimation
A production machine of which is manufactured in Italy in 1995 supplied to
Mr. X's factory for an amount of 1,500,000 Birr the customer duty was 8% of the
equipment price CIF 35,000 Birr and Mr. X has spend 30,000 Birr for making
ready the machinery ( for Commissioning and testing). This machine is claimed to
be held as a collateral so what would be the estimated cost.
Data
- Year of Manufacturing 1995
- Cost of Machinery - 1,500,000
Birr
- Custom Duty - 120,000
Birr
- CIF - 35,000
Birr
- Make Ready Cost - 30,000
Birr
Estimated Date - 23/10/2002
Tc = Total Estimated Cost
Rc = Replacement Cost
Dr = Depreciation Rate
Mm = Market Share of Maker Taken from the tableCountry/factory prepared for disposal
manual by Prime
Minster Office.
EC = Equipment condition after physical
assessment is carried out.
* Inflation during estimation will be considered.
Rc = 1,685,000 Birr (Consists of all expenditures)
Dr = 0.82Mm = 1
Ec = 0.8
Tc = Rc X Dr c Mm X Ec
1,685,000 X 0.82 X 1 X 0.8 =1,105,360 Birr
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Mechanical Equipment Estimation Form (General)
1. Applicant's Name_____________________________________
2. Address Town________________ Woreda____________Kebele_______________ House No___________
P.O.Box______________ Tel No. ____________
3. Property of__________________________________________
4. Ownership certificate & Number_________________________5. Name of the Equipment________________________________
6. Year of Manufacturing_________________________________
a) Serial No.________________________b) Model ___________________________
c) Plate No._________________________
d) Chassis No._______________________e) Engine No.________________________
7. Manufacturer Name & Address_________________________________________________________________________________
8. Location of the equipment_________________________________
______________________________________________________9. Work permit on the particular equipment _____________________
_______________________________________________________10. Insurance certificate on the equipment________________________
_______________________________________________________
11. Current tax Invoice of the equipment________________________________________________________________________________
12. Proven performance/Guaranteed service time/__________________
13. Technological obsolesceDue to part unavailability
Productivity Rate
Others14. Remark on obsolescence___________________________________
_______________________________________________________
15. Surveyor Remark________________________________________________________________________________________________
_______________________________________________________
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_______________________________________________________N.B. Detail cost summary will be attached with this General format.
Physical Assessment____________________________________________
__________________________________________________________________________________________________________________________
_____________________________________________________________
_____________________________________________________________
Installment Condition____________________________________________
_____________________________________________________________
_____________________________________________________________
_____________________________________________________________
_____________________________________________________________
Technical Assessment ___________________________________________
_____________________________________________________________
_____________________________________________________________
_____________________________________________________________
_____________________________________________________________
Machine Availability /Workability ________________________________
_____________________________________________________________
__________________________________________________________________________________________________________________________
_____________________________________________________________
Inspected by Date Signature
_________________ ______________ _________________
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COST SUMMARY ANALYSISNo Description Of
MachinerySpecification Qty Service Year Invoice
ValueDeprecationRate Value
NetEstimated
Value
Remark
Designed Service For
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Data Collocation Format for Production Machineries
Description of Machinery
Name________________________________________________________
Model________________________________________________________
Serial No _____________________________________________________
Year of manufacturing __________________________________________
Maker Address ________________________________________________
Book Value ___________________________________________________
Size (Floor Space) _____________________________________________
Material Handling System________________________________________
Product type __________________________________________________
By Product Condition __________________________________________
Size of the Product
Ranging from ______to ____________________________________
Location of the industry__________________________________________
Wear housing Condition_________________________________________
Other Related datas _____________________________________________
Remark on Survey_____________________________________________________
_______________________________________________________________________
_
_______________________________________________________________________
_
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_______________________________________________________________________
_
No PartsTo be Inspected
Indented/deformed
Loose Teared Total %defects
Remark
1 Body & Cover
2 Frame /Support
3 Paint
4 Other
5 Installment
Condition
6 Working Area
Condition
General
Status
of
Physical Condition
Technical DataNo Data Designed Actual Deviation Percentage of Loss
1 Product
Rate/hr
2 Rated power
3 Vibration
4 Working
Temperature
5 Utility used
Grand Total of Loss
General Remark on technical survey.
_____________________________________________________________
_____________________________________________________________
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Drive System Analysis
No Drive
System
Remark on Condition
of the System
% Defect of the
unit
1 Gear
with shafts
2 Belt
3 Chain
4 Friction
drives
(rolling &
contacting surfaces)
5 Other
Analysis of the total condition
Total %
* In each case the shaft & other machine element attached to it, will be
considered as one unit.
Total % of the defect ____________________
Original Value of the System ____________________Estimated Value ____________________
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After going through detail parts evaluation with respect to relevant
specification & technique, for final cost analysis the brake down will besummarized in the form of units which actually leads to the total estimated
value. To facilitate the cost summary, a certain factor (Percentage share)
will be allotted for the units. The shared value is dependent on the partscontribution in relation to the size & nature of the work it could accomplish,
comparing with the whole machine.
Even if the machineries vary one from the other due to the system or
auxiliary units they incorporate & innovation through technological
advancement, the work they accomplish & the aim for which they have beendesigned is basically the same. So for certain variation which they
inclusively hold they will be treated separately & inturn the access theyhave will enhance the price appreciably.
Following the above points the breakdown will be listed below.
No Description
of unit
Proportion/Share
from the total
Value
Part
Estimated
Value
Remark
1 Drive Unit .3 - 30%
2 Body Supports Frames .25 - 25%
3 Working Surface & Size .20 - 20%
4 Cover .1 - 10%
5 Others .15 - 15%
Total Estimated Value
Estimated by ____________________ Signature__________________
Date ____________________
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Summary of Cost Estimation of
Work shop Machineries & their Data Collection Format
In relation to the need of the organization, workshop Machineries are applicable for
repairing, Manufacturing & Modification works.
Basically the type of work they perform within the same category has got closeresemblance, even if they largely differ with the part, accessories & systems they held.
(Lathe, Milling sharper, Jigboring, Gear Cutting Grinding, Sharpening etc.)
For evaluating workshop macheneries, a better approach would be making certain break
down among units & allocating values in proportion to the total value of the machine,
with respect to the percentage share.
This cost summary will be a threshold for estimation manual & it is subdivided into fourmajor parts.
1- Over all data collection format
2- Physical condition assessment
3- Technical data4- Estimation
1.1 Data collection format: this part contains all the machinery history from the dateof manufacturing to the current condition and it is illustrated as follows.
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Data Collection Format
Name_______________________________________________________________.
Model______________________________________________________________.
Serial No____________________________________________________________.
Year of Manufacturing_________________________________________________
Maker Address ________________________________________________________
Installment Date/Year __________________________________________________
Book Value __________________________________________________________
Service Year _________________________________________________________
Size (Floor Space) _____________________________________________________
Product type & Size it can hold_____________________________________________
Location of the industry __________________________________________________
Owner Ship certificate ___________________________________________________
N.B.* On the part of the technical data the specification of each type of machine will
be attached here with the general format.
Remark on Survey________________________________________________________
_______________________________________________________________________
_
_______________________________________________________________________
_
________________________________________________________________________
_______________________________________________________________________
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Data Collected by Date Signature
_________________ ________________ _________________
Physical Condition Assessment
No Description Indented/
Scratched
Cracked Teared Deformed % Defect
1 Body Cover
2 Frame
3 Bed
4 Paint
5 Other Parts
GrandTotal %
Remark On physical Condition Assessment________________________________________________________________________
________________________________________________________________________
_______________________________________________________________________
_
_______________________________________________________________________
_
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DRIVE SYSTEM
No Description Noise Vibration Slippage
Degree at
damage in %
Remark
1 Gear
2 Belt
3 Chain
4 Other
Grand Total%
Remark on derive System__________________________________________________
_______________________________________________________________________
_______________________________________________________________________
_______________________________________________________________________
Lubrication & Cooling System
No Description Leaky Blocked Inadequate
Flow
%
Defect
Remark
1 Lubrication System
Pump
Valve
Lines
Reservoirs
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2 Cooling System Pump
Line
* Lubricant & Coolant Condition
Remark on Lubrication & Cooling System
_______________________________________________________________________
_
_______________________________________________________________________
_
________________________________________________________________________
________________________________________________________________________
Total % of defect ___________________________
Value in Proportion__________________________
Estimated Value for the systems._______________
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Lather Machine Technical Data
No Description of part Unit ofMeasurement ActualMeasurement Remark
1 Center Distance cm /meter
2 Spindle bore mm
3 Width of Bed cm
4 Diameter of Face plate mm/cm
5 Chuck diameter mm
6 Max-Section of tool mm2/in2
7 Feed rate From_____mm/revTo _______mm/rev
8 Chuck RPM Rev/min
9 Thread Cutting Capacity TPI Inchmm - mm
D.P.(in Inch
10 Tail Stock
Travel /Stroke mm11 Tapper Morse
12 Main motor power Coolant pump motor
Kw/HpKw/Hp
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NoUnit Percentage
Share Of
The Unit
Value OfThe Unit In
Birr
Loss InPercentage
EstimatedValue After
EvaluationIn Birr
Remark
1 Drive Unit 0.35
2 Frames & Bed 0.25
3 Saddle 0.05
4 Appron 0.1
5 Systems
Lubrication &Cooling
0.05
6 Physical Condition 0.15
7 Others 0.05
Grand Total
Remark on Estimation _____________________________________________________
_______________________________________________________________________
_______________________________________________________________________
_______________________________________________________________________
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_______________________________________________________________________
___
Estimated by Date Signature
__________________ _______________ _________________
Vehicle & their data Collection Format
The continual technological advancement & innovation of different type & aestheticmakes the number of model of a vehicle numerous. Despite the fact that the number of
vehicle will be big, they share common feature for the purpose they have been designed.
When making a cost summary analysis, it would be better to start with that commonly
shared feature. They all are internal combustion reciprocating engine & designed for
transporting of people or materials from place to place.
So the classification will be based on
1. Transportation - Private- Public
2. Loading - Dry
- Liquid
3. Type of Engine - Fuel
- Diesel
Further classification will be based on four major groups.
1- General data collection
2- Physical assessment3- Technical data & systems
4- Estimation1.1 General data collection:- Contains all the information of a vehicle from the
date of manufacturing up to the current status.
Name______________________________
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Plate no ____________________________
Engine no __________________________
Chassis no __________________________
Model _____________________________
Manufacturer Address _________________
Year of Manufacturing________________
Service Year _______________________
Type of Engine Fuel Diesel
Technological Obsolesce _________________________
Ownership Certificate & Its Numbers________________
Current tax invoice_______________________________
Insurance Certificate/ Agreement no_________________
Used for ______________________________________
If Loading Dry ton Capacity
Liquid m3 Capacity
Transportation Number of Seats ___________________
Market Condition___________________________________________________
Other related data___________________________________________________
_______________________________________________________________________
_
_______________________________________________________________________
_
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Surveyor Remark_________________________________________________________
_______________________________________________________________________
_
_______________________________________________________________________
_
Data Collected by ___________________________ Date_________________________
Signature______________________
Vehicle
Physical Condition Assessment
Body___________________________________________________________________
Paint___________________________________________________________________
Wind screen_____________________________________________________________
Window glass____________________________________________________________
Side______________________________________________________________
Rear______________________________________________________________
Lighting System __________________________________________________________
Front _____________________________________________________________
Side______________________________________________________________
Rear______________________________________________________________
Cover_____________________________________________________________
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Tyres___________________________________________________________________
Axels___________________________________________________________________
Front_____________________________________________________________
Rear _____________________________________________________________
Suspension System________________________________________________________
Coil Spring________________________________________________________
Leaf Spring________________________________________________________
Shock Absorber____________________________________________________
Air bag __________________________________________________________
Internal Condition-________________________________________________________
Ceiling____________________________________________________________
Floor _____________________________________________________________
Seats _____________________________________________________________
Bumper _________________________________________________________________
Remark on Survey_________________________________________________________
_______________________________________________________________________
_
_______________________________________________________________________
_
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Technical Data
Engine ______________________________________
Type _______________________________________
No of Cylinders _________________________________
Cylinder Bore ___________________________________mm
Stock Length ____________________________________mm
Horse Power ____________________________________hp
Fuel Consumption _______________________km/lit
Lubrication System Splash Force Feed Both
Fuel tank & Its Capacity ________________________________
Lubrication System Oil Grease
_______________________________________________________________________
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_______________________________________________________________________
_
Ignition System - Spark Plug Fuel Injection
_______________________________________________________________________
________________________________________________________________________
Cooling System___________________________________________________________
_______________________________________________________________________
_
Radiator Condition ________________________________________________________
Cooling Fan Condition_____________________________________________________
_______________________________________________________________________
Transmission ____________________________________________________________
_______________________________________________________________________
_
_______________________________________________________________________
_
Brake System Hydraulic Air Both
_______________________________________________________________________
_
________________________________________________________________________
_______________________________________________________________________
_
Proven Performance/ Guaranteed Service time __________________________________
_______________________________________________________________________
_
_______________________________________________________________________
_
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_______________________________________________________________________
_
Other Related Factors______________________________________________________
_______________________________________________________________________
_
_______________________________________________________________________
_
Remark on Survey ________________________________________________________
_______________________________________________________________________
_
_______________________________________________________________________
_
_______________________________________________________________________
_
Estimation
This section shows cumulative value of the over all check list (Physical &
Technical Assessment) which comes to be evaluated in terms of money.
For estimating a vehicle in terms of money the methodology lies on the break
down of parts & taking into consideration of the major unit from the integrated system &allocating values worth to the unit, which actually taken from the original price in
proportion.
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Giving back grade factors to the individual parts within the unit summing up to
100% & multiplying percentage factor by the allocated unit price, we will get theestimated value of the unit, which in turn will be added to make up the whole vehicle
estimated price.
By so doing we have formulated a chart describing the evaluation method &
showing the break down value & its summation that makes a total estimated value of a
vehicle.
No
Description of
Unit
Allotted %
Share
Proportional
Value to
Original
Price
Estimated
ValueRemark
1 Engine .35 - 35 %
2 Chassis .25 - 25 %
3 Transmission .2 - 20 %
4 Physical condition .15 - 15 %
5 Others 0.05 - 5 %
Original Price
Total
Estimated Value
Remark on Estimation _____________________________________________________
_______________________________________________________________________
_______________________________________________________________________
_
Estimated by ___________________________ Date____________________
Signature____________________________EARTH MOVING EQUIPMENT & THEIR DATA
COLLECTION
An equipment performance information is a basic tool for estimationpurposes. This performance is measured with many variables peculiar to
individual jobs, Including
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- Material Characteristic
- Operator efficiency
- Underfoot condition
- Altitude etc...
Factors bearing directly on productivity include such things as weight to
horse power ratio, capacity, type of transmission, speeds and operatingcosts. There are other less direct machine performance factors such as:
- Serviceability
- Parts availability
- Operator Convenience.....etc...
In comparing machine performance all factors should be considered. A
good knowledge of local condition , when coupled with experience wouldmake the best valuer of machine performance.
The approach most often used to measure machine performance is thissimple equation.
Lowest possible Hourly costs = Top machineHighest possible hourly productivity performance
Depending on the hourly owning & operating cost as a basis for calculating
the equipment value, which could be compatible to local conditions (price offuel & lubricant, shipping cost from the factory, interest rate, etc) & data on
earthmoving equipment will assist in accurate estimation.
The method suggested follows several basic principles
- No price are provided for any item which must always be obtained
locally.
- The multiplier factor provided will work equally well in any
currency expressed in decimal.
- Because of different standards of comparison, what seems a
severe application to one machine owner may appear onlyaverage to the other. Therefore, to better describe machine
use; operating condition & applications are defined in
zones.
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- Unless otherwise specified, the word 'hour' when used in thissection means clock or operating hours not service meter
units.
GENERAL DATA - COLLECTION
1. Name_____________________________Plate No___________
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2. Model_________________________________
3. Years of Manufacturing____________________
4. Maker Name & Address____________________
5. Engine Number___________________________
6. Chasis Number____________________________
7. Type_____________________________________
8. Total Service year__________________________
9. Ownership certificate & its no__________________________
10. Current tax Invoice___________________________________
11. Custom duty_________________________________________
12. Custom declaration number_____________________________
13. CIF________________________________________________
14. Gross Weight________________________________________
15. Operating weight_____________________________________
16. Technological obsolesce_______________________________
Due to - un productiveness
- Parts unavailability
- Others
17 . Work permit on the particular equipment ___________________
18. Insurance agreement on the equipment______________________
19. Surveyor Remark________________________________________
______________________________________________________
______________________________________________________
______________________________________________________
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Physical Condition Assessment
1. Body & its Cover_____________________________________
___________________________________________________
2. Frame /Support ______________________________________
___________________________________________________
3. Dimension ___________________________
___________________________
___________________________
4. Cabin with ROP (Rollover Protection)____________________
___________________________________________________
5. Tire Condition______________________________________
___________________________________________________
6. Bucket Size & attachment______________________________
___________________________________________________
___________________________________________________
7. Hydraulic Line (Houses)_______________________________
___________________________________________________
8. Axel Front & Rear___________________________________
___________________________________________________
9. Blade Size & Type____________________________________
___________________________________________________
10. Welded Part Condition________________________________
___________________________________________________
11. Surveyor Remark_____________________________________
___________________________________________________
___________________________________________________
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TECHNICAL DATA
1. Engine___________________________________________
Type_____________________________________________
Horse power_______________________________________
Fuel Consumption on light earth Work________________
on heavy earth work________________
Lubrication system____________________________________
Starting system_______________________________________
2. Fuel system_______________________________________
Injection system____________________________________
3. Cooling system_____________________________________
Radiator__________________________________________
4. Electrical system__________________________________
Alternator_________________________________________
Batteries_________________________________________
5. Transmission______________________________________
6. Axles & Drives_____________________________________
7. Steering___________________________________________
8. Brakes____________________________________________
Surveyor Remark_____________________________________
_____________________________________________________
_____________________________________________________
_____________________________________________________
_____________________________________________________
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COST SUMMARY FOR EARTH MOVING EQUIMPENT
The summary consists of two major part
1. Owing Costs Investment cost to own the equipment
2. Operational cost Expenditures to put the equipment into use.
Owning Cost.
1. Delivered price ( including attachments) ____________________
2. Less residual value at replacement__________________________
- Gross selling price_______________________
- Make ready cost_________________________
-Inflation during ownership period___________
Net Residual Value_______________________
3. Value to be recovered through work
Cost/Hour = ValueHours
When used equipment auction prices are used to estimate residualvalue, the effect of inflation during the ownership period should be
removed to show in constant value what part of the asset must be
recovered through work.
4. Insurance = N+1 X Del. price X Insurance rate %2N_____________________________
Hours/Year
$ _______ Per year/hours/year
5. Interest cost = N+1 X Del. price X Interest rate %
2N_____________________________Hours/Year
$ _______ Per year/hours/year
6. Property tax = = N+1 X Del. price X tax rate %2N_____________________________
Hours/Year
$ _______ Per year/hours per year = ________________
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Total Hourly owning cost = 3+4+5+6
Operating Cost
7. Fuel Unit price X Consumption
________ X ___________ = __________
8. Lub. oils, Filters, Grease Unit price Consumption Cost/hour
a) Engine _________ X ___________ = _________
b) Transmission _________ X ___________ = _________
c) Final drive _________ X ___________ = _________
d) Hydraulic _________ X ___________ = _________e) Grease _________ X ___________ = _________
f) Filters _________ X ___________ = _________
Total _____________
9. Tire replacement cost = Cost/life in hours.
10. Special wear items = cost/life
- Cutting edges ground engaging tools, bucket teeth ,
excavator stick, repairing etc.
Cost life cost/hr1 _______ X _________ = _________
11. Total operating cost = 7+8+9+10
12. Total owning & operating cost__________________
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