What Type of Pump or Oil Engine Can You Really Afford?
Plan to Determine Best Type by Common Financial Denominator of First Cost, Operating Expenses, Amortization Charges and Interest
THE following method of comparison for purposes of selection for the type and make of a pump or oil engine when its purchase is contemplated by a water works department is adopted by Mr. Coulter when comparing quotations for equipment or preparing designs and, as he writes to FIRE AND WATER ENGINEERING in submitting the article, has been received with favor. The plan of reducing the combined values of first cost, operating expenses, amortization charges and interest on the investment to a common financial denominator, seems to be a procedure which should be of assistance in making an intelligent selection of the proper units in these instances.
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