Paper Title:
The Depreciation Method of Construction Machinery Based on Gray Relational Theory
  Abstract

The depreciation of machinery and equipment of building construction, as an important factor, always plagues the development of their enterprises; How to extract depreciation effectively and reasonably for construction equipment is a problem faced by construction businesses. In this paper, the gray relational theory is used to analysis different depreciation programs by author, and then the author selects the best depreciation program from all programs. The time value of money, the service life span of machinery and equipment and other factors are considered in this paper. A theoretical basis is provided for the construction enterprise to extract depreciation fast and reasonably through analysis these factors. And then the feasibility of the method is verified through the example analysis.

  Info
Periodical
Advanced Materials Research (Volumes 374-377)
Chapter
Chapter 6: Technology for Preparing Building Material Environmental Friendly
Edited by
Hui Li, Yan Feng Liu, Ming Guo, Rui Zhang and Jing Du
Pages
1265-1268
DOI
10.4028/www.scientific.net/AMR.374-377.1265
Citation
P. Zhao, B. Guo, P. Z. Wang, "The Depreciation Method of Construction Machinery Based on Gray Relational Theory", Advanced Materials Research, Vols. 374-377, pp. 1265-1268, 2012
Online since
October 2011
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Price
$32.00
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