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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
BEFORE

Annual Cost

NOW

ANNUAL
Savings

Consumables ChemIT saved on
(ink and maintenance kit)

$3,736$2,718$1,018/yr
Warranty-type services
(2 printers)
$3330$333/yr
Recent printer purchase,
amortized over 4.5 years
$556$57

$499/yr,
for just one printer

Costs and SAVINGS, per year:$4,625

$2,775,
plus paper

$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,
plus paper

$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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