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LP store tag question
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Wavey Dave
Pator Tech School
Minmatar Republic
#1 - 2011-11-11 12:25:49 UTC
I used to be a 'mins I mine are free' kind of guy so some leftovers of that may be skewing my thinking Big smile

As I run anti-faction missions then presumably tags have both a cost and a value - the cost to me is the time it takes to run the mission and loot the tags. The value is if I choose to sell them on the market.

When working out the isk/lp ratio should I be using the cost (and what's the best way of working this out?) or should I be using the market value? As I don't yet have high enough standings to reject missions I don't want I do occasionally supplement tags if I'm short with buy orders so the 'cost' isn't fixed.
Jenn Makanen
Doomheim
#2 - 2011-11-11 12:37:59 UTC  |  Edited by: Jenn Makanen
Market value or cost to you. Whichever is higher. Market value is probably the easier to use though.

As with minerals, you should always look at how much you could have got for it, if you'd just sold it on the market. If it works out higher, sell it and let someone else eat the cost of buying the module. Sure you'll have LP sitting, but if you really want to burn through that, l3 implants always sell. Might not be a good ratio (about 300 isk an lp at buy order prices), but you'll get the money release.



One thing to bear in mind: the tags are an additional benefit to running the mission. Their real cost is the Standing drop.
Wavey Dave
Pator Tech School
Minmatar Republic
#3 - 2011-11-11 13:12:29 UTC
Thanks. You've given me more to think about than I bargained for when I posted.
Jenn Makanen
Doomheim
#4 - 2011-11-11 13:21:26 UTC
heh.

I have a tag spreadsheet for working out costs :)

Sumproduct is a handy function to use. (openoffice version. Excel will have something similar. It's an array function)
Have one sheet for storing tag prices, in a single row.
Have each item in the lp store on another, with a column per tag type. Put the number of tags needed in that.

use sumproduct to do the maths for you (sumproduct the array of prices by the array of number of tags) Then you have a single place to update, when the costs change.