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SRB Cost Effective Bearing Solution
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Cost Saving Example:
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Current Bearing
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SRB Bearing
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| 1 |
Cost of Bearing |
$50,00 |
$350,00 |
| 2 |
Estimated length of
outage (Hrs) |
10 |
2 |
| 3 |
Number of men needed
to replace bearing |
3 |
2 |
| 4 |
Earnings of man per
hour |
$25,00 |
$25,00 |
| 5 |
Production loss per
hour |
$20,000,00 |
$20,000,00 |
| 6 |
Equipment rental per
hour |
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| To
find cost |
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| Current Bearing |
SRB Bearing |
| A |
Line 2 x line 3 x line
4 |
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Labour cost for outage |
$750,00 |
$100,00 |
| B |
Line 5 x Line 2 |
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Production loss for
outage |
$200,000,00 |
$40,000,00 |
| C |
Line A + Line B |
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C Labor Cost + production
loss |
$200,750,00 |
$40,100,00 |
| D |
Line 6 x Line 2 |
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Equipment Rental Cost
for Outage |
$0,00 |
$0,00 |
| E |
Line 1 + Line C + Line
D |
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Bearing + Labor + Loss
+ Equipment Cost |
$200,800,00 |
$40,450,00 |
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Subtract the value of line E on
the left from the value of line E on the right to find:
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| Savings of the SRB
Split Roller Bearings: |
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$160,350,00 |
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