COST AND BENEFIT ANALYSIS RFID Equipment Cost and Total Book Cost:

In the calculation after this written paragraph first we convert all these cost in to Pakistani rupees because the prices of RFID Equipments are given in dollars but we cannot change the cost of books because they already given in rupees and after that we calculate the cost and benefit analysis. Average Cost per Unit Cost per book tag Antenna Programming Total cost in rupees Book Price Total cost of Books in rupees Rs. 8750000 Rs. 779000 Rs. 350 25000 $.30 X 95 =Rs. 28.5 $200 X 95 =Rs. 19000 $500 X95 =Rs. 47500 number purchased 25000 1 1

Some of the costs are variable cost and they varies units to unit like tags per unit cost they increase with the increase in the unit purchase and some of them is fixed cost like antenna and programming cost because they install only one time. From all above calculation we conclude that there is more benefit in RFID because the total cost of books is so much high and the installation cost of RFID is less.