What Is the Opportunity Cost of Adding Six More Forklifts?

[Miguel Flores]

Hey!
If a company decides to purchase six additional forklifts, what would be the opportunity cost of that decision? Besides the upfront cost, what other factors should be considered, such as maintenance, labor, or alternative investments?


For those who have managed fleet expansions, how did adding more forklifts impact overall efficiency and budget allocation? Would love to hear your thoughts!

 

[Dwayne Clark]

Good question! The opportunity cost isn’t just the price tag, it’s also the money that could’ve gone toward other upgrades, hiring more staff, or improving existing equipment. Plus, more forklifts mean extra maintenance, storage space, and possibly more operators. If they boost efficiency and reduce downtime, it might be worth it, but if they sit unused, that’s money tied up for no reason. Curious to hear from others who’ve expanded their fleets—was it a game-changer or just added expenses?