Purchasing cost

A comparison of overall treatment costs (purchase and refining) for several crude oils enables the refiner to establish his feedstock requirements and to satisfy the market needs under the most economical conditions. 

Removal of Unprocessed Materials This would include raw materials, packaging materials, labels and other such items. The toller can either retain the materials at no cost, purchase the materials from their client (if offered), dispose of the materials for the client, ship all unprocessed material back to an indicated client site, or a combination of these options. Compensation must be agreed upon for any client-owned material that the toller retains. Unused packaging materials, labels and other items bearing the client s identity should be strictly managed. They should either be recovered by the client or destroyed in a manner approved by the client. 

As a fledgling faculty member at Harvard that fall, Carothers was somewhat surprised by its working conditions. In a cheery letter to Jack Johnson, Carothers related how a chemistry assistant pried ten thumbtacks out of the Harvard administration. The assistant was permitted to put in a requisition for thumb tacks to the number of ten (10), said thumb tacks to be purchased by the University and given to the assistant for use in connection with Chemistry 5, and the cost (purchase price + expenses incurred in their purchase) to be pro rated among the students of the course charged to their individual accounts. ... 

These cost data are reported as purchased, dehvered, or installed cost. Purchased cost is the price of the equipment FOB at the manufacturer s plant, whereas delivered cost is the purchased price plus the delivery charge to the purchaser s plant FOB. Installed cost means the equipment has been purchased, dehvered, uncrated, and placed on a foundation in the purchaser s operating department but does not include piping, electrical, instrumentation, insulation, etc., costs. Perhaps a better name might be set-in-place cost. 

E = purchased-equipment cost (installation cost not included) on f.o.b. basis , = installed-equipment cost (purchased and installation cost included)... 

In addition to the obvious benefit of potentially reducing drug costs, purchasing organizations may provide other advantages to member... 

J. Gran, Chem. Eng., (6 Apr. 1981)]. Installed Cost = (purchase priee)(multiplier),... 

E = purchased-equipment cost = purchased-equipment labor cost /j. = specific material unit cost, e.g., fp = imit cost of pipe — specific material quantity in compatible imits fy = specific material labor unit cost per employee-hour M[ = labor employee-hours for specific material fe = imit cost-for engineering He = engmeermg employee-hours fj = unit cost per drawing or specification d = number of drawings or specifications fp = construction or field expense factor always greater than 1... 

Although satisfied with the results of slowed increases in healthcare costs, purchasers and consumers were less satisfied with restricted access to providers and benefit limitations and restrictions. This criticism received much media attention. As a result, purchasers and consumers have pressured... 

Using the CIS inventory web page queries, personnel can obtain information on chemicals they need that are already onsite. This facilitates the sharing of chemicals, thereby avoiding the costly purchase and disposal of excess chemicals. This Waste Minimization concept is called "Purchase Avoidance. ... 

In evaluating the different pieces of equipment and options, it is important to consider more than just the initial cost. Purchasing a holding cabinet made of anodized aluminum instead of stainless steel can significantly reduce the purchase cost. However, aluminum cabinets are not as durable and... 

Last three terms include average periodical set-up cost, purchase cost, and inventory cost. The cost function is convex function. Hence, the Q value based on the first derivative of the expression wiU be the global optimum. In other words, Q value that satisfies AAC(Q) = 0 is the optimal value denoted as Q known as EOQ. The EOQ formulation is ... 

PLASTICS PROCESSING DATA HANDBOOK Table 1-2. Cost Comparison of Plastic Products and Different Processes (Cost Factor x Material Cost = Purchased Cost of Product). ... 

Energy cost Purchase cost LCC with PVFA... 

The first objective function (7.23) minimizes the total purchasing cost. Purchasing costs has two components, total variable cost (TVC) a.nd fixed cost (FC). TVC constitutes the first part and PC is the second part of Equation 7.23. Note that FC depends on whether a supplier is selected or not therefore, we use the binary variable Zj. in the expression of FC. The second objective (7.24) represents MtT risk for quality resulting from past transactions with the suppliers. The third objective refers to the minimization of average lead time (725). Note that Dy is a constant and can be removed during the optimization process. The fourth objective in (7.26) minimizes VaR risk of supply disruptions due to hurricanes. We model the quality objective as an S-type MtT risk (see Figure 76). The calculations of exact mathematical expressions for VaR and MtT type risks for the different suppliers are given in Section 714.5. ... 

Purchaser is able to obtain services of experienced and rehable consultants, who have designed, fabricated and operated similar equipment with satisfactory results at lower cost. Purchaser can modify existing units in small incremental steps with assistance from such consultant... 

The focus in designing a fuel-cell power system is to develop and optimize the system configuration to meet the specifications of its intended appHcation. These specifications could include the following fuel specification, duty cycle, cost (purchase and installation), cycle efficiency, reliability, maintenance, size and weight, environmental interfaces, cogeneration, acoustic noise, power quaUty, and safety. 

Stage Manufacturer code Suppli code Raw material code Transportation capacity Transportation cost Purchasing cost... 

That s the problem with lip vents. Use of them trades reduction of solvent concentrations in the work area (Box 1.9) for two costs — purchase of lost solvent, and the very inefficient (Ref 5 use of artivated carbon adsorbent to capture it — a costly and losing tradeoff 1... 

Pump cost (purchase) = 4772.28 Motor rmp = 3600 Motor type = Open, drip-proof Motor cost (purchase) = 1128.03 (Pump + Motor) cost (purchase) = (Pump + Motor) cost (installed) =... 

In short The petroleum refining business is highly capital-intensive and competition is fierce. The predominant cost - purchase of crude oil - is beyond a refiner s control, due to the fact that crude-oil costs are, for the most part, determined by OPEC. Even so, large, well-located, high-conversion refineries can be very profitable, especially during spikes in product prices. In 2005, crack spreads reached all-time highs, exceeding 15 per barrel in most of the United States and > 20 per barrel in California. 

Factory direct labor Factory indirect labor Clerical/administrative/sales Technical / professional Fixed costs Purchased item costs Services... 

Commodities Availability is critical Significant leverage to influence costs Purchase costs are high relative to administrative ones High Impact Availability, quality and reliability are critical Category knowledge is essential Purchase cost is high relative to administrative costs... 

Purchase cost - Purchase price and installation cost - Space requirement cost... 

With the weakening economy, the third and fourth quarters of 2008 were particularly hard on diamond retailers. Even historically snccessfnl players such as Blue Nile, Tiffany, and Zales saw a decline in sales and a significant drop in their share price. As customers tightened their belts and cut back on discretionary spending, high-cost purchases such as diamond jewelry were often the first to be postponed. The situation worsened as competition for the shrinking number of customers became fiercer. In such a difficult environment, it was hard to judge which factors could best help different jewelry retailers succeed. 

Date Purchases (units) Unit Cost ( ) Purchase Cost ( )... 

Total cost of inventory = Holding cost + Ordering cost + Purchase cost... 

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