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I hope that this is the right forum to ask this question...If not I apoligize in advance.
I am working on a problem for a continuous improvement cost reduction, and I cannot figure out how to calculate the savings. My problem is in the metric conversion.
What is known:
Cost decrease of 0.019€ per Square Foot
I want to calculate the cost savings based on 2005 production of 1,200,728 which is measure in Square meters
My brain is dead....How can I calculate the savings? I am slightly embarressed that I cannot figure this out, but I am justifying this based on I was once told "There is no such thing as a stupid question." I hope this applies here.
Thank you in advance.
I am working on a problem for a continuous improvement cost reduction, and I cannot figure out how to calculate the savings. My problem is in the metric conversion.
What is known:
Cost decrease of 0.019€ per Square Foot
I want to calculate the cost savings based on 2005 production of 1,200,728 which is measure in Square meters
My brain is dead....How can I calculate the savings? I am slightly embarressed that I cannot figure this out, but I am justifying this based on I was once told "There is no such thing as a stupid question." I hope this applies here.
Thank you in advance.