Thursday, April 13, 2023

Ten Bucks a Day so far

We have had our playset for approximately 15 months, give or take a week.  I'm trying to figure out the Unit Cost so far.  Anne Landers had a formula to justify buying something, say an article of clothing.  If it cost $100 and you wear it once, it cost you $100 per wear.  if you wear it twice, then it's $50 per wear, and so on.  The more you use something, the lower the cost.

Now my kids do not use the set every day.  Some days it rains and then it takes a few days for the ground to dry.  Or it's too hot to be outside.  But this is offset by the fact that there are two of them, plus occasionally cousins come over.  

There are lots of ways to crunch the numbers but I'm gonna just do a very conservative look and a slightly optimistic one.

Conservative Estimate:  I'm gonna assume that 4 kids using the playset most days equals one kid using it every day.  So using the time and date duration calculator to figure the time between January 14, 2022, when it finally arrived, and April 14 this year, I get 455 days.  

that works out to $6000/455 = $13.19 per use.

Slightly Optimistic Estimate:  If we get more optimistic, then we can assume 4 kids using the playset most days equals two kids using it every day.

that works out to $6000/455/2 = $6.59 per use.

And if we take the average of these two values, we get the more like CPU of $9.89.

So after a little over a year, it cost ten bucks to keep my kids entertained and off their iPads.

No comments:

Post a Comment

Comments Encouraged! And the nice thing about this blog is that I rarely get spam so don't need to moderate the comments.

I've set the comments up to allow anonymous users -- but I'd love it if you "signed" your comments (as some of my readers have done) just so you have an identity of sorts.