Cost savings for space efficiencies

Can I translate the space efficiency savings into a cost savings?

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Ivan Henderson

New member
Hey Everyone!
I am an engineer working on the cost savings for a Kaizen project.

Here is the general situation:

We have 100 ft^3 and spend X dollars/month on the space but we only used 75% of the space - a space inefficiency.

We now are using 88% of the same space.

I believe my team can use the cost of the space to calculate a space efficiency savings.
 
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