![Cost and estimated replacement value](/e69yszg/516.jpg)
Cost and estimated replacement value
The maintenance cost compared to the equipment value is different depending on industry. For example, a mining operation has a much higher MC/ERV than a fixed plant operation. A mining company that's considered an industry leader recently surveyed the MC/ERV number in 11 of its mine locations. The MC/ERV ranged from 18 to 36 percent.