answersLogoWhite

0

What else can I help you with?

Continue Learning about Economics

What is depreciation of capital?

When you buy a plant or equipment, it will lose value over time - it's breaking down or it's not as efficient or the such; this gradual decline in worth of the capital is depreciation.


What is the most common type of power plant?

The most common type of power plant is one that uses fossil fuels such as coal, oil or natural gas. Less common power plants use nuclear, geo-thermal, hydro-electric, wind, solar, or other power sources to run the plants.


What does the General Fund Enterprise Business System (GFEBS) provide the Army with?

GFEBS implementation involves _____ all financial management, accounting, and plant maintenance across the Army.


What is the definition of Capital formation?

According to Ragnar Nurkse, "The meaning of 'Capital formation ' is that society does not apply the whole of its current productive activity to the needs and desires of immediate consumption, but directs a part of it to the making of capital goods: tools and instruments, machines and transport facilities, plant and equipment-all the various forms of real capital that can so greatly increase the efficacy of productive effort. The term is sometimes used to cover human as well as material capital. It can be made to include investment in skills, education and health-a very important form of investment." Ragnar Nurkse's definition merely implies the accumulation of material capital and neglects human capital.


What is the Advantages and disadvantages of buying and hiring plant for a construction project?

Advantages of Plant Hire· Financial benefits· Hire out construction equipment with a trained operator· A variety of hire options from short term contracts to leasing deals.· A variety of hire options from of equipment for the jobs.· Well maintained construction equipment that meets safety standards.· A wide range of equipment on hand when company needs it.Disadvantages of plant hire· Monthly outgoing payments even if no work are there to fund it.· Buying eats up capital, after warranty runs out repair costs and spares are down to contractor.· Some cost can be offset against taxes.· Have no monthly outgoings except running.· Maintenance and transport costs has a reducing but second hand values so if no longer needed or of no use can be sold or traded in reducing cost of new or upgraded equipment.· Impact on Net Income.Advantages of Buying Plants· In anytime of requirement, the plant is available for operation.· Cost of idle time caused by inclement weather, work being behind planned programme or delay in deliveries of material will generally be less on owned plant than hired.· The builders can apportion the plant costs to the various contracts using the plant if the capacity permitted.Disadvantages of Buying Plants· Need high capital to buying plants at one time.· After several times depreciation value of plant.· Cost to repair the equipment can be expensive. The owner has to get the responsibility to repair the equipment.· Has bear transport cost.FOR QS STUDENTS

Related Questions

What is the comparative capital and maintenance costs of a solar power plant?

what is the comparative capital and maintainance cost of a solar


What is the meaning of hydro energy power plant?

hydro electric power plant


What is the efficiency of hydro power plant?

The efficiency of a hydro power plant typically ranges from 80% to 90%, meaning it can convert 80-90% of the potential energy in flowing water into electricity. This efficiency can vary depending on factors such as the design of the plant, head height of the water source, and maintenance practices.


Can you produce your own hydro?

Yes can Quebec hydro assist me in istalation of my mini hydro plant


What is the average cost to build a hydro power plant?

The average cost of building a hydro power plant on the Columbia river is 559,220,000.


Which power plant have minimum running cost?

hydro power plant


Where could one find information on plant maintenance?

There are many places where one can find information on plant maintenance. This includes reading books on plant maintenance as well as asking in plant maintenance forums.


Are there hydro electric plant's in New Zealand?

Yes, several. 52% of power in NZ comes from hydro.


What is a power plant called when it uses water power?

This type of plant is called a hydro power plant.


How do you calculate the plant load factor of hydro electric power plant?

PLF of Hydal Plant - 100% or 101%


What is the life expectancy of a Hydro power Plant?

it is 4000000000000 years


Where was the first hydro-electric plant in North America?

Wisconsin.