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Operations Cost & ROI calcutions 1

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MParker31

Bioengineer
Joined
Jan 3, 2003
Messages
4
Location
US
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!
 
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
 
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