International Journal of Accounting, Business, and Economic Policy
Vol. 1 No. 4 (2025): October

The Effect of Mobility Costs and Heavy Equipment Maintenance Costs on Rental Prices at PT Sarana Baja Perkasa

Aji Akhtar Aljunaid (Management Study Program, Faculty of Economics and Business, Universitas Muhammadiyah Jakarta, Indonesia)
Daman Sudarman (Management Study Program, Faculty of Economics and Business, Universitas Muhammadiyah Jakarta, Indonesia)



Article Info

Publish Date
09 Sep 2026

Abstract

Operational efficiency and cost management are crucial determinants of corporate sustainability in the heavy equipment rental industry. This study aims to analyze the partial and simultaneous effects of mobility costs and maintenance costs on the operational performance of heavy equipment at PT Sarana Baja Perkasa. Using a quantitative approach and an explanatory research design, a causal study examining the effect of the independent variables on the dependent variable, data were collected from 62 operational and engineering personnel using a saturated sampling method, complemented by historical financial and operational records. Data were analyzed using Multiple Linear Regression, along with classical assumption tests, partial t-tests, simultaneous F-tests, and the coefficient of determination (R²). The empirical findings indicate that mobility costs have a positive and significant effect on heavy equipment operations (β₁=0.342, p<0.05). Maintenance costs also exhibit a strong positive and significant impact (β₂=0.518, p<0.05). Simultaneously, mobility costs and maintenance costs significantly influence operational performance (F=48.612, p<0.05), accounting for 62.2% of the total variance (R²=0.622, Adjusted R²=0.609). These results confirm that systematic mobility planning and proactive maintenance strategies are vital for minimizing equipment downtime and maximizing equipment availability. The study contributes to Asset Life Cycle Theory by providing empirical evidence on logistics and maintenance synergy in archipelago-based infrastructure projects.

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Journal Info

Abbrev

ijabep

Publisher

Subject

Description

International Journal of Accounting, Business, and Economic Policy (E-ISSN 3109-4961) is a peer-reviewed journal that disseminates original research and critical analysis related to the fields of accounting, business, and economic policy. The journal publishes high-quality papers exploring ...