 Socrates
 What's New in v7.0?
|
Socrates
Cost Analysis Dialog
Socrates facilitates a rigorous, present worth cost analysis for a given
material through the CostDb icon on the toolbar. Clicking on the CostDb
icon leads to a dialog box as shown below. The cost analysis module allows
you to compare the costs of using different materials for a given project
using a large number of relevant factors that are typically used in performing
cost analyses:
 |
Material costs (delivery, design,
construction) data such as poundage and supply |
|
Operating Costs |
|
Maintenance Costs |
|
Taxes, Depreciation and salvage value |
|
Recurring annual costs |
These cases are saved in a cost table in the Socrates database and can
be accessed later. This cost table is linked to the alloys table, so that
all the cost cases pertaining to an alloy can be looked up.
Socrates takes into account different elements of project life costing
to determine an annualized (per year cost) using a specific material as
well as the total cost over the life time of the project. The user has
to specify all the input data in the data slots and click on the CALC
button in the dialog box. The program will display the annualized
cost and present worth after taxes (PWAT) based on the life of the project
at the bottom of the dialog box, shown in below.
|
Interface