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Wednesday, February 19, 2014

A Quick Manufacturing Tip

Originally published in the October 2013 issue of The Industrialist


When you build from a blueprint, you must factor your cost correctly.  Even if you mine ore and refine it, your minerals still have an intrinsic value that you need to apply towards your costs.  Knowing what value to assign to refined minerals is pretty simple.  If you are looking to make quick cash, you would look at the highest buy order in whatever market hub is nearest to you.  If you didn't want to deal with market orders and fees, you would just sell to the highest buy order, wipe your hands and think of ways to spend your ISK.


 You should, at the very least, apply that buy order price to the cost of the minerals you refined and factor that into the cost end of your production run.  This will give you a more accurate cost.  If you can sell the minerals to a buy order for more than you can sell your manufactured item on a sell order, then you are losing ISK.  You might as well just sell the minerals to a buy order.  Even though, technically, the minerals don't cost you much to mine (basically mining equipment and time), you should still be factoring that in.  If you aren't, then you may think you can sell your wares for a lot less than the sell orders on the marketplace.  This leads to undervalued items, ships, and ammo.  It's an easy way to turn the marketplace into a whore's market.  There is plenty of ISK to be made so that we don't have to cut each others' throats for 5% profits.  Don't even get me started about the .01 ISK game.  

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