System and method for operating an industrial printer

A device, comprising:

• an industrial printer couple to a power supply, and the printer comprises:
• one or more ink cartridges containing ink in fluid communication with an ink reservoir for printing;
• one or more make-up cartridges containing solvent in fluid communication with the ink reservoir to supply solvent to the ink reservoir for printing;
• one or more sensors and/or one or more data collection device that generate sensor data or component data associated with one or more cost of operation (COO) parameters;
• at least one processor;
• and
• tangible and non-transitory computer readable medium having instructions which when executed by the processor to:
• operate an industrial printer to print on a product substrate;
• during the operation of the printer, generate sensor data and/or component data associated with COO printer parameters associated with the operation of the industrial printer;
• store on a computer-readable medium accessible to the processor the sensor data and/or component data;
• derive, based on the sensor data and/or component data, one or more COO parameter values and associated COO waste values, wherein the derivation of these values occurs dynamically on a real-time basis with up to data sensor data and component data;
• and,
• dynamically displaying, on a real-time basis, a first graphical user interface including one or more derived COO parameter values which may include one or more COO waste values;
• wherein the COO waste values comprise at least one of;
• a first amount of unused ink or unused solvent in a removed cartridge from the printer relative to a second amount of ink or solvent in a cartridge fitted in the printer,
• an amount of power or ink or solvent consumed when the printer is activated and is not performing printing operations,
• jetting waste determined based on comparing a time that the printer is performing printing operations with a time that the jetting is turned on,
• ink waste determined based on reaching an expiration date on an ink cartridge before the cartridge is empty,
• one or more of ambient temperature, component operating temperature, downtime, non-printing jetting time relative to one or more of ink consumption, solvent consumption and power consumption, or
• an amount of solvent consumed when ambient temperature exceeds a threshold level.