Final answer:
To reduce the total cost from a conventional flow sensor, one could eliminate expenses linked to installation, maintenance, and supplemental equipment, as well as labor costs by choosing advanced sensors with automation and self-diagnostic functions.
Step-by-step explanation:
When estimating the total cost from a conventional flow sensor, there are a variety of components that you might consider cutting out to reduce the overall cost. These could include costs related to installation, maintenance, and additional equipment necessary for the flow sensor to function correctly. For instance, if a flow sensor requires a power source or specific piping modifications, eliminating the need for these through the use of more advanced sensors could significantly reduce the initial investment and ongoing maintenance costs.
Furthermore, there are costs associated with the personnel needed for the operation and maintenance of traditional flow sensors. By adopting a more modern flow sensor that integrates self-diagnostic and automated data processing features, these labor costs can also be decreased. It should be noted that a meticulous cost-benefit analysis should be conducted prior to making such decisions to ensure that the long-term benefits outweigh any short-term savings.