Can you afford to ignore losses?
Imagine you’re at a cheese plant and you’re watching the production line, when suddenly one of the workers picks up a perfectly good cheese and throws it in the garbage. You watch for a while, and you notice it happens again and again. This would be a huge problem, and of course no-one’s physically going to be throwing cheeses in the garbage. But in reality, a lot of factories are throwing away valuable product and profits because they’re losing significant amounts of suspended solids down the drain, as much as 5% or even more. In dairy operations those solids aren’t necessarily a by-product, they’re essentially the actual product, so it could be the equivalent of throwing away one cheese in every twenty.