Thread: Pennies
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Unread 05-07-2014, 03:18 PM
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Originally Posted by Jason View Post
a process that costs money

i see what you mean but i think when you consider how much it costs to power a factory, keep employees to run it .. hire managers to supervise it .. etc .. its very feasible that it costs way more to make than it is worth
I don't have any doubt that it actually does cost them way more to make the penny than it is worth. My point is I don't think that is inevitable. The production process can be optimized in a certain way, they can replace employees with robotics, etc. I'm just certain there must be a way, especially if they're using recycled old pennies, where they can reduce the cost so making a penny doesn't have to cost more than the value.
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Unread 05-07-2014, 03:18 PM   #6
 
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Estimated Skill in Audio: 7.05/10 starsEstimated Skill in Audio: 7.05/10 starsEstimated Skill in Audio: 7.05/10 starsEstimated Skill in Audio: 7.05/10 starsEstimated Skill in Audio: 7.05/10 starsEstimated Skill in Audio: 7.05/10 starsEstimated Skill in Audio: 7.05/10 starsEstimated Skill in Audio: 7.05/10 starsEstimated Skill in Audio: 7.05/10 starsEstimated Skill in Audio: 7.05/10 stars
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Estimated Skill in Text: 7.05/10 starsEstimated Skill in Text: 7.05/10 starsEstimated Skill in Text: 7.05/10 starsEstimated Skill in Text: 7.05/10 starsEstimated Skill in Text: 7.05/10 starsEstimated Skill in Text: 7.05/10 starsEstimated Skill in Text: 7.05/10 starsEstimated Skill in Text: 7.71/10 starsEstimated Skill in Text: 7.71/10 starsEstimated Skill in Text: 7.71/10 stars
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Default

Quote:
Originally Posted by Jason View Post
a process that costs money

i see what you mean but i think when you consider how much it costs to power a factory, keep employees to run it .. hire managers to supervise it .. etc .. its very feasible that it costs way more to make than it is worth
I don't have any doubt that it actually does cost them way more to make the penny than it is worth. My point is I don't think that is inevitable. The production process can be optimized in a certain way, they can replace employees with robotics, etc. I'm just certain there must be a way, especially if they're using recycled old pennies, where they can reduce the cost so making a penny doesn't have to cost more than the value.
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