BEFORE INSTALLING SMART-IDLER®
Roller Related Expenses | Year 1 | Year 2 | Year 3 | Year 4 |
---|---|---|---|---|
Annual conveyor roller incident costs | $1,294,780 | $1,294,780 | $1,294,780 | $1,294,780 |
Annual conveyor belt crew labour for rollers | $48,913 | $48,913 | $48,913 | $48,913 |
Annual conveyor roller replacement costs | $1,250 | $1,250 | $1,250 | $1,250 |
Annual roller related expenses | $1,344,810 | $1,344,810 | $1,344,810 | $1,344,810 |
Roller Related Expenses | Year 1 | Year 2 | Year 3 | Year 4 |
---|---|---|---|---|
Annual conveyor roller incident costs | $0 | $0 | $0 | $0 |
Annual conveyor belt crew labour for rollers | $0 | $0 | $0 | $0 |
Annual conveyor roller replacement costs | $24,600 | $2,201 | $2,201 | $2,201 |
Annual software cost to manage smart idler | $15,000 | $15,000 | $15,000 | $15,000 |
Annual roller related expenses | $39,600 | $39,600 | $39,600 | $39,600 |
Return on Investment | Year 1 | Year 2 | Year 3 | Year 4 |
---|---|---|---|---|
Vayeron Return on Investment Multiple | 33.9 | 78.2 | 78.2 | 78.2 |
Time to payback (months) | 0.5 | 0.1 | 0.1 | 0.1 |
Year 1 | Year 2 | Year 3 | Year 4 | |
---|---|---|---|---|
ROI multiple if we price in catastrophic risk | 78.2 | 349 | 349 | 349 |
Time to payback (months) | 0.2 | 0 | 0 | 0 |
Reduction in Risk Exposure (man hours) | 375 | 375 | 375 | 375 |