Continue to Site

Eng-Tips is the largest engineering community on the Internet

Intelligent Work Forums for Engineering Professionals

  • Congratulations KootK on being selected by the Eng-Tips community for having the most helpful posts in the forums last week. Way to Go!

Operations Cost & ROI calcutions 1

Status
Not open for further replies.

MParker31

Bioengineer
Jan 3, 2003
4
Hello, just join this site yesterday and I am looking for help in how to indentify the operational cost associated with running a piece of capital equipment.(Terminal Sterilizer)

Things I'm currently considering:

Cost to Buy
Expected Product Lifetime
Size
%Utilization, and maximum capacity
Cost to install
Cost to validate
Annual Revalidation Cost 1%
Cost of Annula Maintenance 02% Purchase
Incrememtal Investment required $
Time need to load and unload

Is there anything short of purchasing an expensive software tool that can help me arrive at a sollution. Maybe a spreadsheet or website with formulations.

Thanks for you help!
 
Replies continue below

Recommended for you

Parker,

Other important factors that you need to consider are: the cost of energy (Watts, Decanters) to operate it; personnel training cost (maintenance & operations); gauges & sensors calibration costs; labor costs to operate it (this is true if a person needs to be dedicated to operate it).
Do you already have this equipment or are you looking for one? If you are comparing equipment, you also need to compare: disposal costs; market value at the end of the equipment economic service time.

Good Luck.
 
Echeverri-
Good morning. Thanks for the reply. Yes, we currently have the equipment. Your advice makes sense. I will add some of your important factors such as power requirements, gauge and sensor calibration costs, and direct labor. Thanks for helping me out. M.Parker
 
Status
Not open for further replies.

Part and Inventory Search

Sponsor