Course Curriculum
Valuable Course for 4 PDHs and every engineering discipline:
“INCREMENTAL INVESTMENT AND INCREMENTAL RETURN”
DVD of Live
Seminar
We've all heard the expression, "Pay me now or pay me later." Let us show you
it's true by demonstrating how spending an additional $1,000 in capital can
return $15,000 or more over the life of the project.
Construction managers have
long held that first cost, also known as construction or capital cost, is king
and that smaller and cheaper is better. Front line operations supervisors have
always desired the next larger size in order to improve product throughput and
reduce maintenance costs. The director of accounts payable has wondered if
anything can be done to reduce rising fuel usage and costs.
Now Eric Coffin, a
registered continuing education provider for professional engineers in 33
states, has developed an optimization program has been developed to minimize
monthly costs and increase profits. Taped before a live audience, this four-hour
DVD class entitled, "Incremental Investment and Incremental Return (II/IR)"
presents an engineering and financial computer model that will minimize the
long-term monthly loan payments of a capital project while also minimizing the
monthly energy cost.
This II/IR model has been developed to compare investments
such as:
- Pipe vs. pumping energy
- Chiller vs. monthly electric bills
- Cooling towers vs. purchased fan horsepower
- Copper wire conductor vs. energy loss due to resistance losses
- High efficiency motors vs. electric cost
- Variable speed drives vs. electric cost of constant speed electric motors
- Residential and commercial air conditioners vs. electric cost
- Pipe insulation vs. purchased energy that is lost to the environment
And many more!