*** This version of Confluence is for testing only and contains a copy of content from June 29th 2026. No changes will be preserved. ***
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Starting summer 2014, ChemIT arranged for saving of over 1/3 of the cost of saving $1,850 per year (40% savings) for full-color printer services offered, for free, to Chem majors, in Lar's undergraduate (Mac) lab. This included providing 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 just non-paper consumables was over $3,700 providing this service runs over $5,000 per year.
Action by ChemIT:
- Enrolled in a service contract with Eastern.
- This
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- service provides us cheaper Xerox-branded consumables
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- .
- This included maintenance services for the printers, even if off-warranty.
- Bought a new, second color printer for a ninth of it's expected cost.
Result: Effected savings of
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over 1/
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3.
- Reduced costs by over $1,000 per year for just consumables through use of new service contract with Eastern.
- Saved $333 per year on warranty-type services, covering both printers. ($500/3 yrs * 2 printers)
- Accomplished this by not having to pay $500 for 3-year warranty service on new printer, or similar services for old printer, since service included with new service contract with Eastern.
- Saved ~$550 per year for new printer.
- A new printer was bought at 1/9th the expected price, giving the lab two, full color printers.
- Assume printer survives 4.5 years.
- Note: Paper costs remain as they were.
Cost
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savings summary, PER YEAR
| Item | Annual Cost | Annual Cost NOW | ANNUAL | |
|---|---|---|---|---|
Consumables | $3,736 | $2,718 | $1,018/yr | |
| Warranty-type services | $666(2 printers) | $333 | 0 | $333/yr |
| Printer Recent printer purchase, amortized over 4.5 years | $556 | $57 | $499/yr, | |
| Paper | Unknown | Unchanged consumption | No change expected | |
| Costs and SAVINGS, per year: | $4,625,958 plus paper | $2,775, | $1,850/yr (40% savings) |
DETAILS
(1) Saving on consumables costs
ChemIT
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arranged for saving ~$1,000 per year by moving to Eastern service contract
We are now on Eastern service contract, so our consumables cost less. And our service costs are largely fixed, and also less.
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| Type of printing | Eastern's charges, | Page counts, as of 7/24/14 | Costs $ |
|---|---|---|---|
| B&W, or little color | 0.7 cents | 200,000 | 1,400 |
| More color | 2.5 cents | 65,000 | 1,625 |
| Full color | 5.5 cents | 15,000 | 825 |
(2) Saving on capitalization costs
New Xerox printer bought by ChemIT for less than 1/9th the expected price.
New printer, with 3-year warranty, was expected to cost $2,500. During the summer 2014, Michael Hint bought the printer for $256.56!
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