22 Nov 2023 09:14:20 - AE_Min_Opportunity Lost.

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AMPHIBIOUS EXCAVATOR

Given:
6
Purchasing_Cost 30 10
ia 6.25 % (interest rate from Bangko Sentral)

n 25 yr (lifespan of equipment)

3
PM_Cost 60 10

pm 1 yr (frequency of PM)

3
CM_Cost 120 10

cm 1 yr (frequency of CM)

p (percent multiplied to purchasing cost to obtain salvage value)

5%
6
Salvage_value p Purchasing_Cost 1.5 10

L
Volume_of_fuel_per_day 30
hr

hr
Operation_time_per_day 6
day
L hr 12 75 6 1 1
30 6 22 day 3.564 10
75 hr day yr L 1 yr
Unit_Cost_Fuel
L

Fuel_Cost Volume_of_fuel_per_day 22 day 12 Operation_time_per_day Unit_Cost_Fuel

6
Fuel_Cost 3.564 10 (per year)

3
1748.36 22 day 12 month 10
DMII_Salary 461.57
day month yr yr
#DM 2

3
795.68 22 day 12 month 10
DF_Salary 210.06
day month yr yr
#DF 1

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3
705.63 22 day 12 month 10
ME_Salary 186.29
day month yr yr
#ME 1

3
12760 12 month 10
Laborer_Salary 153.12
month yr yr

#Laborer 3

Labor_Cost DMII_Salary #DM DF_Salary #DF ME_Salary #ME Laborer_Salary #Laborer yr

6
Labor_Cost 1.7788 10

Required: What is the dredging operational value that we are losing due to idling?

breakeven of return

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 22 Nov 2023 09:14:20 - AE_Min_Opportunity Lost.sm

Using floor function to round down values:

f x if round x , 0 x
x
round , 0
else
round x , 0 1

Getting Present Values of DDR, PM, CM, and Fuel Costs:

n
f pm
pm i
yr 3
PVPM PM_Cost 1 ia 749.1 10
i 1

n
f cm
cm i
yr 6
PVCM CM_Cost 1 ia 1.50 10
i 1

n
yr
i 6
PVFuel_Cost Fuel_Cost 1 ia 44.5 10
i 1

Every year, fuel is being consumed.

n
yr
i 6
PVLabor_Cost Labor_Cost 1 ia 22.21 10
i 1

Present Value of Operation nd Maintenance Expenses:

6
O_M_Cost 0 PVPM PVCM 0 PVFuel_Cost PVLabor_Cost 68.9539 10

Total of Present Value:

6
PVtotal Purchasing_Cost O_M_Cost 98.95 10

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Obtaining the operational value of dredging per year.

n
1 1 ia n
PVtotal Operation_Value Salvage_value 1 ia
ia

n
yr
PVtotal Salvage_value 1 ia 6
10
Operation_Value 7.9 (per year)
n yr
yr
1 1 ia
yr
ia

3
1 yr 1 month 10 (per day)
Operation_Value_per_day Operation_Value 29.92
12 month 22 day day

Idling_days 6185 4499 344 11028

6
Opportunity_Lost Operation_Value_per_day Idling_days day 329.97 10

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