PKSC 4300: Economics of Flexible Packaging Exam
What is the basis of cost for flexible packaging?: Area - all flexible packaging are used by
area
What is MSI cost?: cost of material per 1000 squared inches
How do you find the MSI cost?: MSI cost = (cost per pound * Basis weight) / 432
equation is only good if cost per pound and basis weight are pound/ream
What is 1 ream?: 1 ream = 3,000 sq. ft = 432,000 sq. in
How do you find the package cost?: 1) find the MSI
MSI = area of package/ (1000 sq. in/msi)
2) calculate package cost
Package cost = MSI * MSI cost
What is yield?: sq. in per pound
how much area of packaging is there or can I make
How do you calculate the yield?: Yield = 432,000 sq. in / basis weight
basis weight must be in pound per ream
if you know the roll weight, you can then determine the area on the roll
What is the basis of cost for flexible packaging?: Area - all flexible packaging are used by
area
What is MSI cost?: cost of material per 1000 squared inches
How do you find the MSI cost?: MSI cost = (cost per pound * Basis weight) / 432
equation is only good if cost per pound and basis weight are pound/ream
What is 1 ream?: 1 ream = 3,000 sq. ft = 432,000 sq. in
How do you find the package cost?: 1) find the MSI
MSI = area of package/ (1000 sq. in/msi)
2) calculate package cost
Package cost = MSI * MSI cost
What is yield?: sq. in per pound
how much area of packaging is there or can I make
How do you calculate the yield?: Yield = 432,000 sq. in / basis weight
basis weight must be in pound per ream
if you know the roll weight, you can then determine the area on the roll