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Morikar's Indy Adventures
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notha atfast
Republic University
Minmatar Republic
#21 - 2012-11-07 19:29:01 UTC
I am waiting for the PI junkies to jump this one :)

I run 4 systems that i use for P1 materials. Coolant is what I make on the 5th planet with nothing but Advanced factories and storage. With most my PI skills at 4 I have enough capacity to make right at 1000 units of coolant a day. Every 3rd day or so I collect all the P1 stuff and then drop it off at the Factory planet. It's all used for POS fuel. But it can turn a nice profit as well.
Morikar
#22 - 2012-11-07 21:59:29 UTC
notha atfast wrote:
I am waiting for the PI junkies to jump this one :)

I run 4 systems that i use for P1 materials. Coolant is what I make on the 5th planet with nothing but Advanced factories and storage. With most my PI skills at 4 I have enough capacity to make right at 1000 units of coolant a day. Every 3rd day or so I collect all the P1 stuff and then drop it off at the Factory planet. It's all used for POS fuel. But it can turn a nice profit as well.


I thought about that kind of setup, but I don't want to be coming back to the system every day or two to move stuff from the harvesting planets to the refining planet, too much work and the taxes at the PoCo's would add up quickly. What I'm looking to do is setup the 5 planets so I only have to come in once a week, pickup everything, and head off to where I need to go.

I don't like operating in lowsec, especially with an untanked ship that is worth about 130 million ISK.

And I want to be able to do other things - once I've got this PI stuff all setup I'm planning to work on grinding standings. Right now the only standings I have are about 1.05 with Amarr and something like 0.80 with Caldari, I want it to be higher than that. So I've actually been training up a bunch of fitting skills to I can fly my Hurricane and do some missions.
Morikar
#23 - 2012-11-07 22:56:30 UTC
I managed to login to Eve while at work and setup another planet, I now have Coolant being produced in a similiar fashion to my first planet, but a bit more efficient this time around.

I also started setting up a Mechnical Parts planet, but then I noticed my first planet which is making Enriched Uranium is only using about 400 m3 of space on the Launchpad I setup. So I didn't put in a Launchpad and am just using the Command Center as a test to see if I can get away without needing the Launchpad. That would free up a ton of Powergrid and CPU, and if I set it up right I will be producing 10 Mechanical Parts per hour with it.
Morikar
#24 - 2012-11-07 22:59:00 UTC
Question - would it be better to seperate extracting and production planets? The PoCo's in this system are charging me 12%, so I'd be worried about exporting from one planet just to import to another planet and then exporting from that planet again - that is a huge amount of tax I'd have to pay. But would I get a better result if I was doing that?
Morikar
#25 - 2012-11-09 04:57:49 UTC  |  Edited by: Morikar
Just a quick update because I'm dead tired, so here's what I've done:

I re-examined my PI setup and have been experimenting with different layouts. I think I have the layout that works best with my current skills and doing a full extracting-to-P2 production line.

Here's the picture of the planet: http://img196.imageshack.us/img196/390/mechanicalparts.png

Basically:

2 Extractors w/3 heads are producing 12,000 P0 material per hour.

Those are being fed into 4 Basic facilities (2 Reactive Metals, 2 Precious Metals). Since each Basic can eat 6,000 P0 per 60 minutes, it lines up perfectly.

Those basics are feeding 2 Advanced facilities, which are producing Mechanical Parts.

Here's the number break down:


  • 12,000 P0 per hour from each extractor (so 12,000 Noble Metal and 12,000 Base Metal per hour)
  • Basic Facilities will eat 6,000 P0 per hour and product 40 P1 material, since I have 4 I'm producing 80 Reactive Metal and 80 Precious Metals per hour
  • Advanced Facilities will eat 40 of each P1 per hour and product 5 P2 per hour


As long as I keep pulling 12,000 of each P0 material per hour, my current setup will result in 10 Mechanical Parts per hour.

Mechanical Parts are worth 8,000 ISK so this planet is making me 80,000 ISK per hour, or 1.92 million ISK per day (57.6 million per 30 days).

Not bad :)

I am still shuffling things around a bit, but I think I have this planet optimized now. Now I have to get my other 2 planets fixed so they are optimized, but I'm dead tired right now so I'm just letting them run as-is until tomorrow.

If I can get 4 more planets doing this exact type of setup I'm looking at a monthly profit of 288 million ISK, and all I really have to do is fly to the planets like once a week and grab the materials.
Tau Cabalander
Retirement Retreat
Working Stiffs
#26 - 2012-11-09 05:01:21 UTC  |  Edited by: Tau Cabalander
Morikar wrote:
I managed to login to Eve while at work and setup another planet, I now have Coolant being produced in a similiar fashion to my first planet, but a bit more efficient this time around.

Ionic Solutions are in such low concentration in hisec, you might not want to make anything that uses them (Electrolytes), like Coolant or Rocket Fuel.

Often you are better-off extracting to make just oxygen or water in hisec. Though cheap, then can be made in large quantity.
Morikar
#27 - 2012-11-09 05:14:33 UTC
Tau Cabalander wrote:
Morikar wrote:
I managed to login to Eve while at work and setup another planet, I now have Coolant being produced in a similiar fashion to my first planet, but a bit more efficient this time around.

Ionic Solutions are in such low concentration in hisec, you might not want to make anything that uses them (Electrolytes), like Coolant or Rocket Fuel.

Often you are better-off extracting to make just oxygen or water in hisec. Though cheap, then can be made in large quantity.


I'm not doing PI in highsec, I'm setup in a 0.1 system about 15 jumps from the nearest highsec system. Makes a slight difference :)
Sola Mercury
Republic Military School
Minmatar Republic
#28 - 2012-11-09 09:17:50 UTC
You'll need a lauchpad, if you run a 1 week schedule. The acumulated output wouldn't fit in the CC.
You may consider this:
ECUs consume a lot of energy, often it is better to use only one at a time routing the output to a storage.
Change to the other P0 needed from time to time.

Cons are obviously, more clicking and you lose the materials stored in the basic factories when you change production.
Morikar
#29 - 2012-11-11 16:27:02 UTC  |  Edited by: Morikar
Sola Mercury wrote:
You'll need a lauchpad, if you run a 1 week schedule. The acumulated output wouldn't fit in the CC.


Indeed, I'm discovering that now lol.

One of my planets where I'm not using a launchpad filled up with P0 material, so it started blocking all incomming transfers from everything else. The entire planet pretty much came to a hault and I didn't notice it until this morning.

The planet I have which is producing Enriched Uranium is working the best, it has a stockpile of 800 Enriched Uranium sitting there (that's about 8 million ISK). My other two planets are sitting on about half of that material each and part of that is because of bottlenecks in the production line. So it seems you have to use a Launchpad for long term stuff, I'm going to re-arrange my PI stuff on tuesday when I have the time to sit down and fix it.

For now, here's a quick update:

I haven't been online much at all in the past few days, real life and work have been monopolizing my time.

Pl Stuff

Over the past several days I have produced about 800 Enriched Uranium, 400 Coolant, and 350 Mechanical Parts. In total, that's about 16 million ISK sitting there that I need to go pickup. I figured by the time I get there to pick it up in a day or two my stock will be worht about 20 million ISK. Not bad for me not touching it for about 4 days lol.

Manufacturing

My 1000x Hobgoblins and 160,000 Phased Plasma M are done, but I haven't been able to move them to a trade hub. I'm going to try and get some of that moved around tonight if I can, it not it may have to wait until tuesday.

Not the most productive week, but that's the best I can do thanks to real life issues.
Morikar
#30 - 2012-11-11 22:52:33 UTC  |  Edited by: Morikar
I managed to do some hauling finally, I have the following up on the market:

1000x Hobgoblin I
160,000x Phased Plasma M
340x Coolant
460x Mechanical Parts
835x Enriched Uranium

If it all sells, then I'll have made 32.8 million ISK.

Sweet!


But this brings up a new question - can anybody recommend a good program which will monitor all my industry stuff and trading activities and provide reporting on it? EveMentat looks good, but it doesn't really do the industry side of things from the looks of it.

Spreadsheets work fine and dandy, but I'd prefer something that can pull all the data automatically.

Trade monitoring programs are easy to find, but I want something that will report on manufacturing/production costs in addition to trading.
Kuro Bon
Test Corp 123
#31 - 2012-11-12 01:55:24 UTC
Thanks for the really detailed and useful information.

A small comment on investment terminology...

Morikar wrote:

...With 100 units, that's a net profit of 131,600

Since I am investing 458,416.63 ISK, I am going to see an ROI of approximately 128.7%. In other words, for every 100 ISK I invest in this manufacturing process, I can expect to see 128.70 ISK at the end of the process.


If you invest 100 ISK and get back 128.70, then the "return" on your 100 ISK is "28.70" and the ROI is 28.7%, not 128.7%.

http://www.investopedia.com/terms/r/returnoninvestment.asp

Protip: 100M ISK per hour is about $3US an hour.
Morikar
#32 - 2012-11-12 22:14:37 UTC  |  Edited by: Morikar
Kuro Bon wrote:

If you invest 100 ISK and get back 128.70, then the "return" on your 100 ISK is "28.70" and the ROI is 28.7%, not 128.7%.

http://www.investopedia.com/terms/r/returnoninvestment.asp


Thanks for the heads up :)

Some quickie updates here since I managed to get some time in.


As an industrialist I should be focusing on training my actual industrial/manufacturing/PI skills and also Trade skills. But I'm not doing that. Right now I'm focusing on piloting skills because of the Destroyer/Battlecruiser skill update. I'm trying to get it so I have Racial Cruiser 4 / Battlecruisers 5 before this big change hits so I will have Racial Battlecruiser 5 for all the new skills. I'm also hoping to get Destroyers up, but it's not a big priority.

Right now I have:

Amarr/Minmatar Frigate IV
Amarr Cruiser IV
Minmatar Cruiser III
Caldari Frigate III (currently training to IV)
Gallente Frigate II
Battlecruisers III

If I focus just on getting the above up to IV each, it will take me about another week. Getting Battlecruisers to 5 after that is the tricky one, that's about 26 days of training for me right now (and I'm remapped into Perception). I could probably shave a day off that if I bought better implants (currently using +3s), but it will have to do.

I know the skill change isn't happening on Dec 4th, but I'd like to get this done now while I'm thinking about it. While I'm not a combat pilot, I like the idea of being able to fly the Command Ships after they refit them with the proposed changes so I want to get on this while the getting is good.

I have enough indy skills for now to keep me busy (Industry V, Production Efficiency V, Mass Production III, most of the PI skills to IV, etc). While I can certainly improve here, while I'm building up my little manufacturing empire I have more than enough to keep me busy.

More coming later, gotta run.
Theron Urian
Caldari Provisions
Caldari State
#33 - 2012-11-12 23:23:18 UTC
Cool thread and a good read for any player looking to start in to industry!

I honestly think we need threads like this always on the front page, to continue to grow the knowledge base for new players.
Morikar
#34 - 2012-11-13 16:28:06 UTC  |  Edited by: Morikar
I'm on the lookout for some kind of program to help me track everything, I'm not having much luck.

I've downloaded EVE Mentat and it does a pretty good job, but for some reason it's not calculating Profit on anything which is annoying. Example: http://img41.imageshack.us/img41/3984/eve1a.png

Does anybody have any suggestions? I really don't want to have to build my own system.

Mentat does a good job for some stuff, but it's not calculating my profit for some reason and you have to set your cost at the per-item level, not the per-order level (i.e. I had to set the cost for all my Hobgoblins to 4601.01, but my first batch they cost me less than that - Mentat can't differentiate between the two batches).

I also tried "ISK Per Hour", but that seems to be strictly for manufacturing, it doesn't do much with trading.


On a different note, I started manufacturing an item which costs me about 1.1 million ISK per item, but it sells for 1.44 million on the market. I've worked out that my ISK/hour profit on this thing is about 100,000ISK, which is way better than the other stuff I've been making. Unfortunately, due to the cost of doing it I can only bankroll a few at a time until I get more ISK lined up.

More details later, I'm trying to find a better tracking program lol.
Acid Kanshi
AIFAM
#35 - 2012-11-15 08:07:37 UTC
You should check out http://www.eve-cost.eu

EVE-Cost is a manufacturing tool for EVE players. http://www.eve-cost.eu
Morikar
#36 - 2012-11-16 15:52:43 UTC
Acid Kanshi wrote:
You should check out http://www.eve-cost.eu


My biggest concern with that is that it's a web-based tool and I don't know what is being done with my API data.

I think I'm actually going to build my own indy tool, will post updates about it later.

UPDATE

I found a way to make about 5 million ISK/day from a single PI planet Lol I'm doing a bunch of testing with the configuration right now, but suffice to say I'm very excited about it. Once I have the logistics of it sorted out and make sure it's stable, I can do this on 5 planets for a net profit of 25 million ISK per day.

Do that math, that's 750,000,000 ISK per month just from PI. That's what, almost 2 plexes? Cool

I'm not giving the details on this yet because I'm still experimenting with it and only using a single planet right now, but that's massive and I'm very excited by the chance to make it work.

I think the biggest challenge is logistics right now. To make this specific setup work it requires me to do more footwork than I want to do, so I'm trying to optimize a single planet and get this working properly.
Billy Masterson
Deep Core Mining Inc.
Caldari State
#37 - 2012-11-16 18:04:59 UTC
Morikar wrote:


Do that math, that's 750,000,000 ISK per month just from PI. That's what, almost 2 plexes? Cool




More like just one Plex. But still a nice start.
Nebu Retski
Lead Farmers
#38 - 2012-11-16 18:24:04 UTC
Morikar wrote:
I'm on the lookout for some kind of program to help me track everything, I'm not having much luck.

Try eve isk per hour, it is a very good program to figure out what to produce and how much profit you can make off it. Then there is also the Dark shadow industries website where you can keep track of you manufacturing jobs.
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