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Air-conditioner sizes are often given as "tons" of cooling, where 1 ton of cooling equals 12,000 BTU/h (3.5 kW). 1 ton of cooling equals the amount of power that needs to be applied continuously over a 24-hour period to melt 1 ton of ice. The annual cost of electric energy consumed by an air conditioner may be calculated as follows:
An air conditioning system, or a standalone air conditioner, provides cooling and/or humidity control for all or part of a building. Air conditioned buildings often have sealed windows, because open windows would work against the system intended to maintain constant indoor air conditions.
An air conditioner designed for an occupied space will typically achieve a 30% to 60% relative humidity in the occupied space. [51] Most modern air-conditioning systems feature a dehumidification cycle during which the compressor runs. At the same time, the fan is slowed to reduce the evaporator temperature and condense more water.
Estimating the cost savings required to justify the purchase of new equipment. [13] Determining the cost of continuing with existing equipment. [14] Where an asset undergoes a major overhaul, and the cost is not fully reflected in salvage values, to calculate the optimum life (i.e., lowest EAC) of holding on to the asset. [15]
Relevant cost: The relevant cost is a cost which is relevant in various decisions of management. Replacement cost: This cost is the cost at which existing items of material or fixed assets can be replaced at present or at a future date. Shutdown cost: Costs incurred if operations are shut down, and which would not occur if operations are continued.
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