#cost analysis

[pratchettquotes]

He shouldn't have done that with his badge. It wasn't like the old days. He had responsibilities. He should've stayed on and made things just a little less--

No. That never worked.

Terry Pratchett, Jingo

[jellorat]

Breakfast Cost Analysis

Don't get me wrong, I do love eating out, but sometimes with the increasing costs, and my own skill level in the kitchen, it just doesn't seem worth it.

I also love doing cost analysis, so after I made breakfast I did a little bit of informal analysis. Just for fun. I did not track it all down into the weeds.

This is the breakfast I made myself this morning. Nothing special.

This is toast, with jam, two eggs with a half a hot dog, a has brown patty with ketchup, and two bacon strips. Nothing spectacular.

I cook by what's in the fridge, and I have homemade jam, and an orphaned hot dog. We normally eat them in pairs, as dinner for my wife and I with a side, but there was 5 to a pack. I can't just give us each a half hot dog reasonably, so into breakfast it went.

My cost analysis was that this breakfast cost about $3.04.

What shocked me the most was eggs at Kroger were down to $1.99. I guess corporate greed lost to bad press.

If I were to have this at a restaurant the prices would be much higher. These are loose comparisons, because there isn't a lot of hot dog eggs on menus.

Dennys - All American Slam with Toast, hash browns, eggs, and bacon/sausage: $14.99

IHOP - Quick 2-egg breakfast, with two eggs, toast, hash browns and bacon: $11.99

Little Jerry's (Local Seinfeld themed diner. and no I don't know why the theme, but good food): The Hipster Doofus deal, The Understudy, Sausage, hasn't browns, 2 eggs and toast: $10.00

Grit City Breakfast (Another local diner): Grit City breakfast, same but with a biscuit instead of toast and hash rounds instead of has browns: $9.99

Weird that Denny's is the most, but no matter how you look at it making breakfast at home is the cheapest.

Then we get to quality. My eggs are not cooked until they are hardened overcooked protein tangles. I like my eggs cooked lightly, but am not too picky when I go out.

My jam is homemade jam. You cannot get anything in a store that tastes like homemade canned jam.

I used Costco bacon, which tastes like bacon did in 1975. It's not the weird mass produced overly thin sliced crap that is on sale in most places.

Overall breakfast at home is better, but sometimes, there is just something about being able to go out to a diner, and get a greasy spoon breakfast that is perfect.

[aimdrive]

AI-Powered Cost Cutting & Analysis for Smarter Procurement | AimDrive

Drive smarter cost cutting with AimDrive’s AI-powered procurement and cost analysis solutions. Leverage advanced analytics to identify savings opportunities, optimize supplier negotiations, and reduce operational costs—boosting efficiency without compromising quality. Transform your supply chain with data-driven insights today!

[neeraj82]

https://saxon.ai/blogs/azure-cost-management-10-ways-to-lower-your-azure-spend/

[bestcleaningcompanyguide]

Learn how to budget effectively for professional carpet cleaning services with our expert tips and advice.

[jamaicahomescom]

Is design innovation the price of a client-focused construction industry?

Much has been written about customer contribution to innovation however, far less has been given to the potentially hindering innovation. This paper argues that strong client leadership may have negative consequences for innovation, Introduction The view that the customer should play a key role in the innovation process is deeply embedded in management thinking (Reich et al., 1996; Dahlsten,…

[artisticdivasworld]

DO YOU KNOW: THE 7 REASONS TO USE OUTSOURCING FOR YOUR BUSINESS?

The Strategic Edge: Outsourcing for Trucking Business Owners In the dynamic world of small businesses, the trucking industry stands out for its critical role in the global supply chain. As a trucking business owner, staying ahead in this competitive landscape requires not just hard work but strategic thinking. One such strategy that has gained traction across various sectors, including trucking,…

[dgspeaks]

How to Conduct a Cost Analysis for Accurate Product Pricing

As a business owner, it’s essential to set the right price for your products. Price them too high, and you risk losing customers. Price them too low, and you risk not making a profit. Conducting a cost analysis can help you determine the right price for your products, taking into account your personal income and future savings. The first step in conducting a cost analysis is to determine the…

[jellorat]

Canning Costs

Okay, so since I do a bit of data analysis for a living, I was curious as to how things broke out on my recent canning adventure price-wise.

It turns out, it's cheeper to can your own jams. This is probably because I like Bonne Maman preserves, so I was comparing it to that, and not the cheapest available option in the grocery store.

I had assumed it might be more expensive. I ended up quite a bit cheaper, due to the recent inflation.

Start up costs were not taken into account. I bought a cheap canning kit off Amazon: https://www.amazon.com/gp/product/B0BC5FKBHX/ref=ppx_yo_dt_b_search_asin_title?ie=UTF8&th=1

As well as three Ball brand canning cookbooks. Two were free due to that e-credit Amazon gives you for being patient on your deliveries.

I also bought two cases of canning jars, three if you count the Verones ones that I disliked.

I'd estimate in start up costs I paid around $100 all said and done, but I ket to keep all that to continue using going forward, so I am considering that an investment and a sunk cost. I just didn't feel like depreciating that over the life of the canning equipment.

I think, this outcome would not have been the same pre-pandemic and pre-corporate greed fiasco. Every product on the market is showing what happens when corporate greet goes unfettered. This makes making my own jam several dollars cheaper for 8 oz container. If companies were shitty capitalist nightmares, I would have broken even at best.

[asestimationsconsultants]

Construction Cost Estimating Service for Residential, Commercial, and Industrial Projects

Construction cost estimating varies significantly across residential, commercial, and industrial projects due to differences in materials, labor requirements, complexity, and regulatory standards. A well-prepared estimate ensures accurate budgeting, prevents cost overruns, and helps stakeholders make informed financial decisions.

This article explores the unique aspects of cost estimating for residential, commercial, and industrial construction projects.

1. Residential Construction Cost Estimating

Residential construction includes single-family homes, townhouses, and apartment buildings. Estimating for these projects focuses on material costs, labor, permits, and site conditions.

Key Factors:

Material Costs: Prices for lumber, roofing, drywall, flooring, and fixtures.

Labor Costs: Wages for carpenters, electricians, plumbers, and other trades.

Site Preparation: Land clearing, excavation, and foundation work.

Permits and Inspections: Compliance with local building codes and zoning laws.

Challenges:

Price fluctuations in lumber and other essential materials.

Variability in labor costs based on location and availability.

Customization factors, such as high-end finishes or energy-efficient upgrades.

2. Commercial Construction Cost Estimating

Commercial projects include office buildings, retail stores, hotels, and restaurants. These estimates require consideration of larger-scale materials, specialized labor, and adherence to commercial building codes.

Key Factors:

Structural Components: Steel framing, concrete foundations, and glass facades.

Mechanical and Electrical Systems: HVAC, fire suppression, elevators, and security systems.

Interior and Exterior Finishes: Flooring, lighting, signage, and parking lots.

Project Timeline: Faster completion may require premium labor rates or overtime costs.

Challenges:

Managing subcontractor costs for specialized trades.

Accounting for commercial permit fees, inspections, and code compliance.

Ensuring accurate contingency planning for unforeseen design changes.

3. Industrial Construction Cost Estimating

Industrial projects include factories, warehouses, power plants, and manufacturing facilities. These projects involve complex systems, heavy-duty materials, and strict regulatory requirements.

Key Factors:

Structural Integrity: Reinforced concrete, steel frameworks, and load-bearing calculations.

Machinery and Equipment Installation: Costs for large-scale production systems and automation.

Environmental and Safety Regulations: Compliance with OSHA, EPA, and industry-specific guidelines.

Infrastructure Needs: Utility connections, waste management, and transport access.

Challenges:

High material costs due to specialized requirements.

Extended timelines with phased construction and operational testing.

Coordination with multiple engineering disciplines.

Comparing Residential, Commercial, and Industrial Estimating

FactorResidentialCommercialIndustrialProject SizeSmall to mediumMedium to largeLarge-scaleComplexityModerateHighVery highRegulationsLocal building codesZoning laws, fire safetyEnvironmental, OSHA, industry-specificMaterials UsedLumber, drywall, roofingSteel, concrete, glassHeavy-duty steel, reinforced concreteCost VariablesCustom finishes, labor costsEquipment, specialized laborMachinery, safety regulations

Final Thoughts

Accurate construction cost estimating is essential for the successful planning and execution of residential, commercial, and industrial projects. Each sector presents unique challenges and cost factors that must be carefully analyzed. Hiring a professional estimating service ensures precise budgeting, helping to avoid unexpected costs and financial setbacks.

[aimdrive]

AIMDRIVE: AI-Powered Cost Analysis for Supply Chain Excellence

AIMDRIVE leverages cutting-edge AI technology to deliver precise cost analysis solutions for supply chain and procurement management. Our advanced tools identify inefficiencies, optimize sourcing strategies, and uncover hidden cost-saving opportunities. Partner with AIMDRIVE to transform your supply chain operations and achieve unparalleled cost efficiency.

[actowiz-123]

[metropolitanmultifamilygroup]

Having a building cost assessment helps provide a realistic overview of the expenses involved in your construction project. This aids in creating an accurate budget. It can also help you track expenses and control costs.

[personalgrowthoasis]

Would You Break the Bank for a Lunar Experience?

Hey everyone, Vladimir here! Ever wondered how much you'd pay for a trip to the Moon? Is it worth the astronomical cost? Join me in exploring this cosmic dilemma in my latest blog!

Hey everyone, Vladimir here. Today, let’s talk about a topic that fuses financial planning with one of my all-time favorite subjects—space exploration. Have you ever wondered how much you’d be willing to pay for a trip to the moon? The Cosmic Fantasy Since childhood, many of us have been captivated by the allure of outer space. I’m sure I’m not alone in having imagined myself as an astronaut,…

[hsmagazine254]

Setting Your Price Point: A Business Strategy

Understanding the Art of Pricing Pricing your products or services effectively is a critical aspect of running a successful business. Your price point not only impacts your revenue but also shapes customer perception and can make or break your competitiveness in the market. In this article, we’ll delve into the art and science of setting the right price point for your business. Understanding Your…