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In prior articles (December 2021 FORGE and February 2022 Industrial Heating), we discussed the reasons behind the importance of understanding margins (price minus cost) for the seller of any product or service. Your Cost Model is the framework for calculating costs.
In a typical multi-burner furnace with numerous temperature measurement points, the change in a single burner’s firing rate can alter the thermal profile inside the furnace in a nonlinear fashion. Consequently, each independent tuning adjustment has cascading downstream effects on the rest of the system.
As an editor in business-to-business media, I have watched for more than 30 years as good-paying manufacturing jobs slowly disappeared from the United States toward foreign countries eager to build up their economic prospects through basic manufacturing and job creation.
Here is a complete list of all the feature articles that appeared in the pages of FORGE magazine in 2021. The month each article appeared in is included. All articles are hyperlinked for your convenience.
The goal of most businesses is to make money. Doing so is simple if you sell your offerings for more than it costs you to acquire, make or provide them.
