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Starting summer 2014, ChemIT saving produced on-going savings of $1,850 per year (a 40% savings ) for on prices ChemIT involved in) to provide full-color printer services offered, for free, to Chem majors, in Lar's undergraduate (Mac) lab. This included procuring a new, second, full-color printer for almost nothing. |
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- This was critical to do following the decision by the Chemistry department to continue to not account for use by student, much less meter their use.
- Costs for providing this service runs over $5around $6,000 300 per year.
Action by ChemIT:
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Item | Annual Cost | Annual Cost NOW | ANNUAL | ||
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Consumables ChemIT saved on | $3,736 | $2,718 | $1,018/yr | ||
Warranty-type services (2 printers) | $333 | 0 | $333/yr | ||
Recent printer purchase, amortized over 4.5 years | $556 | $57 | $499/yr, | ||
Costs and SAVINGS, per year: | $4,625 | $2,775, | $1,850/yr (40% savings) | ||
Paper | Unknown | (no ChemIT involvement) Assume: $4.73/ 500 pages | $1,670 (estimate) | $1,670 (same costs)Unchanged consumption | No change expected |
Costs and SAVINGS, per year: | $4$6,295 | $4,445 625,plus paper $2,775, | $1,850/yr (40% 30% savings) |
DETAILS
(1) Saving on consumables costs
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- Did this through loyalty rebate ($1,443.91) and trade-in ($224.75) of (old, broken Abruna) printer to Xerox.
- Did not buy the extra warranty (~$500 for 3 years), since under Eastern service contract. So price of printer was $1,925.22, not the expected $2,500.
- This gives Lars's undergraduate lab two Xerox color printers. This new printer displaced a B&W HP printer, which went to Dan Lorey.
(3) Assumption: No change in costs of paper.
Paper costs holding steady at $1,670/year.
ChemIT not involved at all on paper procurement. Did not invest in determine actual costs, so made estimates based on assumptions stated below.
Paper sold by CCB stockroom is $4.73 for ream (500 pages) of 8-1/2"*11" paper.
- Thus: $0.00946/ paper. (That's 0.946 cents per paper page.)
- Assume that of 280,000 pages, only 250,000 papers used due to double-sided printing.
- Estimate use of 176,500 paper sheets per year, derived from 250,000 papers over 17 months.
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