Maintenance Costs Are an Important Component of the Total Costs

question 26

Essay

Maintenance costs are an important component of the total costs of many engineering projects. Normally in engineering projects these costs are added to the purchase price of a piece of engineering equipment. For the following items, describe how important the maintenance costs are compared to the item's price:
(i)A tractor
(ii)A desk
(iii)A computer
(iv)An oil pump

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Definitions:

Chartreuse de Champmol

A large Carthusian monastery in Dijon, France, founded in the late 14th century, known for its artistic commissions and elaborate sculptures by renowned artists of the time.

Les Très Riches Heures

A highly ornate Gothic illuminated manuscript known as one of the most important examples of International Gothic art, created by the Limbourg brothers in the early 15th century.

Manuscripts

Handwritten documents or texts, especially those of historical, literary, or religious significance, before the invention of printing.

Panel Paintings

Artistic works created on a flat panel made of wood, canvas, or other durable material, often used for depicting religious scenes or portraits from the Middle Ages onwards.