Calculating Depreciation Cost in RILSIM
Note: The information that follows has been extracted from the Depreciation Cost topic in RILSIM's Help file.
You can find the complete topic by looking in the Help index under depreciation cost, feuille de calcul du
coût de l'amortissement, custo depreciação (planilha), or costo depreciación in the English, French,
Portuguese, and Spanish versions respectively. If you cannot find these topics in RILSIM's Help index, you do not have
the latest version of RILSIM. Click here to download the installation module for the
latest version.
Depreciation cost represents the cost of ownership for an equipment item. In RILSIM, depreciation
may be expressed either per operating hour (for time-based costs) or per production unit (for piece rates).
Although there are many ways of calculating depreciation, the most common is “straight line” depreciation.
Below are two examples, one for hourly costs and the other for a piece rate based on log production measured in
cubic meters.