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Heyte
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Posted - 2008.06.04 02:07:00 -
[1]
Sorry, I'm just too lazy to check it out myself.
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Lo Lightshard
Insurrection Inc
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Posted - 2008.06.04 03:49:00 -
[2]
~1.08M [IMA6E REMOVED] |
Absimi Liard
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Posted - 2008.06.04 15:55:00 -
[3]
1.08M? Really?
I can build them for 906k in minerals, and that's only with an ME10 BP.
Sales prices seem to be around 1.08 though.
-abs
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Heyte
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Posted - 2008.06.04 16:16:00 -
[4]
~1.08 = similar to 1.08
In domain, the lowest I've seen them is around 1.15
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Absimi Liard
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Posted - 2008.06.04 18:00:00 -
[5]
Hrmmm, maybe I should go start selling in Domain . . ..
(1.15 is a solid profit margin, I could learn to like that a lot.)
*goes off to lookup Domain and see how far off my normal routes it is*
-abs
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Heyte
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Posted - 2008.06.04 19:57:00 -
[6]
Edited by: Heyte on 04/06/2008 19:58:34 I was wondering, because it feels like I'm losing money, even though most of my tractor beam BPOs are ME 30. Hopefully, it's just me. Haven't made any serious calculations in that regard.
Mineral prices might also be rather high in domain, so look out for that.
I ain't telling you where I'm selling. :)
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Blazing Fire
Interstellar Operations Incorporated
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Posted - 2008.06.05 09:25:00 -
[7]
Originally by: Heyte Edited by: Heyte on 04/06/2008 19:58:34 I was wondering, because it feels like I'm losing money, even though most of my tractor beam BPOs are ME 30. Hopefully, it's just me. Haven't made any serious calculations in that regard.
Mineral prices might also be rather high in domain, so look out for that.
I ain't telling you where I'm selling. :)
You already told us
Blazing Fire CEO Interstellar Operations Incorporated Corp web site
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Xonox Galatorg
Pulsar Combat Supplies Alternative Realities
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Posted - 2008.06.05 15:53:00 -
[8]
Originally by: Heyte Edited by: Heyte on 04/06/2008 19:58:34 I was wondering, because it feels like I'm losing money, even though most of my tractor beam BPOs are ME 30. Hopefully, it's just me. Haven't made any serious calculations in that regard.
Mineral prices might also be rather high in domain, so look out for that.
I ain't telling you where I'm selling. :)
Because they are ME30 doesn't matter a whole lot, you won't see much savings after ME10. Production Efficiency V is much more important. Also the price really varies based on what mineral values you are using. You very well could be losing money, market prices don't necesarily reflect how much it costs to build. Some people don't know how to price things based on mineral value and end up screwing themselves and ruining the market value just by continuing to move their product to the lowest price without knowing what they paid.
-Xonox Pulsar Combat Supplies, Director of Production and POS |
Absimi Liard
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Posted - 2008.06.05 17:40:00 -
[9]
Originally by: Heyte Edited by: Heyte on 04/06/2008 19:58:34 I was wondering, because it feels like I'm losing money, even though most of my tractor beam BPOs are ME 30. Hopefully, it's just me. Haven't made any serious calculations in that regard.
I think you need to your "serious calculations". Sorry. I know you wanted to make it easier, but if you think you're losing money building a product you really MUST go in and crank the math.
My estimate of 906k is really just that, an estimate. I have them for all my products, and then choose what to build in a station based on comparing my estimates to market sales prices and sales volume.
It's not complex, just multiply your mineral costs for running the product by a "typical" value for minerals. Of course saying it's not complex doesn't mean it's easy. Estimating mineral costs requires multi-region research over time. Doing all the finicky multiplication and addition is also boring. All in all it's not pleasant, unless you're into that sort of thing like I am.
But if you're feeling you're losing ISK building something you simply must force yourself to do the math. Otherwise you might as well just mine and sell the minerals. Anyone wanting to call themselves a professional manufacturer really needs to crank those numbers.
Good luck w. the tractors. (Not that wishing good luck to a competitor is a very bright thing, but then I've always been nicer than I am bright...)
-abs
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Xonox Galatorg
Pulsar Combat Supplies Alternative Realities
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Posted - 2008.06.05 17:57:00 -
[10]
Originally by: Absimi Liard
My estimate of 906k is really just that, an estimate. I have them for all my products, and then choose what to build in a station based on comparing my estimates to market sales prices and sales volume.
It's not complex, just multiply your mineral costs for running the product by a "typical" value for minerals. Of course saying it's not complex doesn't mean it's easy. Estimating mineral costs requires multi-region research over time. Doing all the finicky multiplication and addition is also boring. All in all it's not pleasant, unless you're into that sort of thing like I am.
But if you're feeling you're losing ISK building something you simply must force yourself to do the math. Otherwise you might as well just mine and sell the minerals. Anyone wanting to call themselves a professional manufacturer really needs to crank those numbers.
This is what being a manufacturer is all about. Figuring out what you should be building by running through all the numbers and determining what has the highest profit that will sell. Actually making and shipping the items is usually the easy part. The market changes all the time and you can expect to update your numbers at least once a week otherwords they will probably be quite a bit off. You may have made 30% profit when you started making them, but even though you might still be selling them at the same price the next week, perhaps the mineral price went up and then your profit ends up at 5%.
When it all boils down to it, like we've said, you need to be able to refigure these numbers for yourself whenever you think about starting to build something.
-Xonox Pulsar Combat Supplies, Director of Production and POS |
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Absimi Liard
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Posted - 2008.06.06 01:38:00 -
[11]
Originally by: Xonox Galatorg When it all boils down to it, like we've said, you need to be able to refigure these numbers for yourself whenever you think about starting to build something.
Personally, my technique is this. I keep a notebook with entries for each product. It contains mineral estimates, desired sales price, cost of a day's run, and the projected profit for a day's run of the item.
When I build a days worth of it I change my entries in the note. It keeps me relatively current and doesn't require a lot of math.
-abs
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Xonox Galatorg
Pulsar Combat Supplies Alternative Realities
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Posted - 2008.06.06 01:58:00 -
[12]
Originally by: Absimi Liard
Personally, my technique is this. I keep a notebook with entries for each product. It contains mineral estimates, desired sales price, cost of a day's run, and the projected profit for a day's run of the item.
When I build a days worth of it I change my entries in the note. It keeps me relatively current and doesn't require a lot of math.
-abs
People still use paper? j/k This doesn't sound like a bad way to do it. I'm a very computer oriented person(programmer) though and like to make the computer do all the work for me. I have it setup so i just need to update my mineral price and I have a listing of items with a profit % for them. I take the ones with the highest profit % and update the market price to see what the profit % is like now(uses old data from last time it was updated) and how well the item sells. Occasionally(once a week) I go through and update all my product prices so nothing falls behind. gotta go otherwords I'd write more
everyone has their methods of figuring it out, yours has a great record of your market history.
-Xonox Pulsar Combat Supplies, Director of Production and POS |
Absimi Liard
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Posted - 2008.06.06 17:08:00 -
[13]
Originally by: Xonox Galatorg
People still use paper? j/k . . . . <<<<SNIP>>>>
BWAHAHAHAHAHA!!!!! *pauses for breath* Heee heee heeee . . . . .
Actually I only use paper for some things. I use paper for figuring out my mineral needs for nightly production. Since that varies dependant on what I'm building I find it easier to quickly jot down my estimates on paper than to alt-tab into a different program to record them. When I get more RAM and tabbing out of EVE is less brutal I might change that.
For the actual estimates I use the in-game notepad. Just pin it to a section of the screen not covered by the market screen and comparisons are simple.
Originally by: Xonox Galatorg
. . . . everyone has their methods of figuring it out, yours has a great record of your market history.
Actually, since I use the notepad it doesn't record the history. What I do have is an excellent record of everything thing I've built, where I built it, and what mineral costs were for the build. This is from my scratch sheet for mineral needs for starting my runs. Since on that sheet, in addition to how many of each item I'm building, I also note date/location and the cost I paid for the minerals I used.
I think I like your spreadsheet idea though. I have just been too lazy to automate it so far since doing all these finicky things is what I actually enjoy about EVE. (well, that and the passive ISK flow of course.)
Absimi "The ISK Must Flow" Liard
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Kelmor Malbeth
HellJumpers Corp Diabolic Paradox
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Posted - 2008.06.07 09:16:00 -
[14]
i use a custom made spreadsheet, there are some nice one`s out there to use but writing your own gives you a greater insight into the maths behind the numbers in eve (esspically if you are looking at things like ME of a blue print) also means that adding some extra features like the % markup between cost to build and sale price, as well as the total profit and investment needed is handy
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