Your estimate and mine are almost the same. 0.017 cents is $0.00017 is close to $0.00022. The difference is because I did some heavy intermediate rounding, what with olive weight being highly approximate to begin with.
You're right that in relative terms, the savings is tiny. But absolute numbers count as well. If it saves $40,000/year then that means one full-time employee can spend something like 25-50% of his time working on this problem and they still come out ahead.
Your estimate and mine are almost the same. 0.017 cents is $0.00017 is close to $0.00022. The difference is because I did some heavy intermediate rounding, what with olive weight being highly approximate to begin with.
You're right that in relative terms, the savings is tiny. But absolute numbers count as well. If it saves $40,000/year then that means one full-time employee can spend something like 25-50% of his time working on this problem and they still come out ahead.