Build the foundation of industrial utility costing by understanding the cost structure of utility services and how monthly expenses and utility output are converted into a unit cost.
Learn exactly what data must be collected from a factory or utility department and how meter readings, production data and monthly expenses are organized for accurate costing.
Learn how to determine the actual monthly cost of industrial water per cubic meter by analyzing source water, treatment, energy, chemical and operating costs.
Develop practical skills for calculating compressed air generation cost using compressor energy consumption, air production, operating conditions and leakage data.
Learn how to calculate the cost of cooling utilities by combining chiller, cooling tower, pump, water, chemical and electricity costs with actual cooling output or water consumption.
Learn how to distribute utility costs using actual consumption data and determine utility cost by department, process, machine, production line or other defined cost center.
Learn how to identify the reasons behind changes in utility unit cost by analyzing efficiency, losses, abnormal consumption and actual-versus-standard performance.
Learn how to turn monthly utility costing results into practical management information for budgeting, cost reduction, savings analysis and continuous utility performance improvement.